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Foreign investors increased their U.S. Treasury holdings by $18 billion in May, reaching $9.37 trillion. The total has grown $549 billion over the past 12 months.
benzinga.comForeign holdings of U.S. Treasuries increased by $18 billion in May to $9.37 trillion, the second-highest level on record. Over the past 12 months, total foreign holdings have risen $549 billion. The seven largest financial centers added $33 billion in May, bringing their combined holdings to $3.24 trillion, an all-time high.
Japan, the largest foreign holder, reduced its holdings by $67 billion to $1.14 trillion, the lowest level since May 2025. China, the third-largest holder, raised its holdings by $8 billion to $659 billion, the highest level since February. Demand for U.S. Treasuries remains strong, according to the data reported by @KobeissiLetter.
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The average 30-year fixed mortgage rate increased to 6.55 percent this week from 6.49 percent last week, Freddie Mac reported Thursday. The 15-year rate also rose, while the 10-year Treasury yield reached 4.57 percent.
coindesk.comVisa introduced the Visa Stablecoin Platform to let banks, fintechs and crypto firms mint, move and manage stablecoins inside a Visa-managed environment. The product expands the company's crypto services as institutions prepare for wider adoption.
bloombergquint.comThe trade pact eliminated UK tariffs on Indian jewellery. Indian indices fell while US markets rose on bank earnings. TSMC expanded its Arizona investment.