The U.S. national debt has climbed to a stunning $14.3 trillion. Who are our biggest creditors?
1. Federal Reserve and intragovernmental holdings | Estimated ownership of U.S. government debt: $5.656 trillion The Federal Reserve’s purchase and selling of Treasurys is one way the U.S. central banking regulator helps implement monetary policy. Buy buying bonds from other banks and crediting them with cash, the Fed puts more money into the U.S. banking system – and has also built up a large store of Treasurys, having just completed a $600 billion bond buying program. Joshua Roberts/BLOOMBERG Buy Photo