Foreign Treasuries Holdings Held Near a Record in April Turmoil

Foreign investors’ holdings of US Treasuries held close to a record high in April, despite the turmoil in financial markets in the wake of President Donald Trump’s plans for the biggest tariff hikes in more than a century.

Foreign holdings totaled $9.01 trillion for the month, the second-highest figure on record and down just $36 billion from March, Treasury Department figures showed Wednesday. The drop mainly reflected net sales by foreign private investors of US notes and bonds. Official entities were net buyers of longer-term Treasuries.