China Adds Treasuries For First Time Since July on Europe Woes

``China, the largest foreign U.S. creditor, increased its holdings of U.S. government securities in January for the first time in six months as European leaders struggled to contain the region's sovereign-debt crisis. Holdings rose by 0.7 percent to $1.16 trillion, the first growth in China's stake since July, Treasury data released yesterday show... Demand for Treasury debt was supported by concern whether Greece would be able to muster political support for austerity measures needed in order to obtain access to bailout funds''