... Holdings of U.S. Treasuries surged to $9.05 trillion in March, an
all-time peak and up more than $233 billion from $8.81 trillion in
February. Compared with a year earlier, Treasuries owned by foreigners
rose nearly 12%.
Some analysts said that trend could change in April as the Trump administration introduced a massive trade shock on April 2nd that saw effective tariff rates surge, particularly on Chinese goods.
That fueled a U.S. Treasuries sell-off that, at one point, pushed benchmark 10-year yields more than 70 basis points (bps) higher to nearly 4.6% over the April 3-11 period. The selloff may have included selling from foreign investors, analysts said.
Trump has since paused the imposition of tariffs for 90 days, and the Treasuries market has stabilized somewhat, although foreign investors are likely to have remained leery of U.S. assets. ...
Yeah, I don't think so.
10Y yield averaged 4.28 in April lol, unchanged from March lololol.
