this post was submitted on 19 Jan 2026
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https://www.congress.gov/crs-product/RS22331
As of 2024, 70% of debt is owed domestically, i.e. bonds are owned primarily by people within the US. Only 30% of US debt is owned by foreign interests.
Foreign debt is mostly owned by Japan:
It's only when you group together all "European countries" that they collectively hold the most debt.
Here's a more updated figure from 2025:
https://www.pgpf.org/article/the-federal-government-has-borrowed-trillions-but-who-owns-all-that-debt/
It seems like a trend right now is that China is divesting from the US:
https://www.scmp.com/economy/global-economy/article/3340164/china-dumps-more-us-debt-buys-other-assets-trump-targets-powell
The idea behind grouping them is that all those "european countries" can act as one through EU coordination. So it makes no sense to separate them when talking about negotiating power.
https://fortune.com/2026/01/18/europe-retaliation-8-trillion-sell-america-us-debt-bonds-stocks-trade-war-greenland-trump/
https://www.france24.com/en/live-news/20260120-bessent-says-europe-dumping-us-debt-over-greenland-would-defy-logic
It doesn't miss me that this is the desire or intent of this communication, I guess for me it raises all kinds of questions like:
That said, I support the EU on this - I hope they figure it out!