U.S Treasury yields rose further on Friday as investors digested the need for further interest rate hikes to curb inflation.
China increased its holdings of Treasurys in July for the first time in eight months, while Japan reduced its U.S. government debt load, data from the U.S. Treasury department showed on Friday.
China's stash of Treasurys rose to $970 billion in July, from $967.8 billion in June, which was the lowest since May 2010 when it had $843.7 billion.
Japan, on the other hand, reduced its Treasury debt holdings to $1.234 trillion in July from $1.236 trillion the previous month.
Overall, foreign holdings of Treasurys rose to $7.501 trillion in July, from 7.430 trillion in June.