Is “Selling America” Fake News?
Foreign investors held a record $9.27 trillion in U.S. Treasuries at the end of 2025, even as “Selling America” fears made headlines. This week on the Basis Points podcast, Kevin Flanagan analyzes the latest Treasury International Capital (TIC) data and makes the case that, despite geopolitical tensions and market anxiety, global demand for Treasuries remains firmly intact.
Basis point: 1/100th of 1 percent.
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The skinny
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