What buyer strike? Foreign buyers increase the purchase of Treasury as
Investors have increased their purchases of US treasury this year, with foreign buyers encouraged most of the increase in the debt-medium auction, denied concerns that they would stay away from the market, according to an analysis by JPMorgan.
JPMorgan analyst led by Jay Barry saw US government data about treasury auction demand and found that strong purchases in all investor classes in mid -September, and “This power was driven disproportionally by the demand for foreign investors, especially in a 10 -year auction.”
Indeed, the average demand for end users has increased in every maturity of Treasury this year and the most prominent in the auction of the date, with the purchase of foreign investors especially encouraging this power, they said.
The sharp increase in the results of treasury in April gave a concern that uncertainty over President Donald Trump’s tariff policy, a deteriorating budget deficit and other factors made the buyer away from US bonds.
Government data then showed an extraordinary decline in $ 58 billion in Treasury’s ownership by Canada that month, which was reversed in May. Japan, the largest foreign treasury holder, has increased his presentation this year. The country has $ 1.151 trillion in Treasuries in July, up from $ 1.062 trillion in December 2024.
Britain, the second largest foreign holder, has increased the treasury pile to $ 899 billion, from $ 723 billion. China, the third largest foreign holder, has cut off its ownership to $ 731 billion from $ 759 billion.
Source: Reuters