A sign

A report from the Treasury International Capital System (TIC) – a division of the Treasury Department that collects data on the flow of investments between U.S. residents and foreign entities – shows foreign governments are still dumping U.S. government debt. Russia has dumped Treasurys for the 14th consecutive month. Russia's total holdings stand at a multiyear low of $88.4 billion, half the $176 billion from October 2010.

And China sold $32 billion in U.S. debt in December, bringing its holdings to a post-2010 low of $1.1007 trillion. Total Treasury holdings by foreigners declined from $4.75 trillion to $4.732 trillion in December.