Foreign Treasury holdings remain near record high despite tariff turmoil
International investors’ stockpiles of US government debt fell slightly in April
International investors’ stockpiles of US government debt fell slightly in April

President’s levies now seen as a way to offset tax cuts and keep a lid on government borrowing

Gap between long-term and short-term borrowing costs is close to its widest for three years

US President Donald Trump announces levies on dozens of countries and formalises some trade deals

Fund says fall of US currency has helped lessen effect of Donald Trump’s tariffs

Group draws in $61bn in second quarter, bringing assets under management to $840bn

Trump administration’s push to cut regulations prompts big banks to facilitate more trading in government debt