The Treasury International Capital (TIC) report for April, released on June 18, showed net foreign purchases of long-term US securities totaling an estimated $103.1 billion. That figure encompasses a range of instruments, including equities acquired through stock swaps and other mechanisms.

On the fixed-income side, foreign holdings of US Treasuries edged up to $9.352 trillion in April from $9.348 trillion the prior month. Japan and the UK drove much of that increase through net purchases.

The bigger picture of foreign appetite for US assets

Foreign holdings of US securities broadly reached approximately $30.9 trillion by mid-2024, following a $2 trillion rise throughout 2023.

Japan and the UK continue to be the largest national holders of US assets, a dynamic that has persisted for years.