Foreign Holdings of US Assets Hit Record High Amid Market Volatility
Global demand for US financial assets has reached unprecedented levels, with foreign ownership surging 13.6% year-over-year to $64.1 trillion in Q3 2025. This marks a doubling of holdings since 2018, underscoring the dollar's enduring dominance as the world's reserve currency.
Geopolitical tensions Flare as the Supreme Court overturns Trump-era tariffs, sending investors scrambling for traditional safe havens. Gold and silver are positioning for a rally, while equity markets show remarkable resilience—overseas purchases of US stocks jumped 134% YoY to $720.1 billion.
The asymmetry is striking: foreigners now hold $27.6 trillion more in US assets than Americans hold abroad. This imbalance reflects both the depth of US capital markets and growing global risk aversion.