Labor Day, U.S. markets are closed. On X, I came across a data point that wasn’t new, but was brought back into focus.
According to FRED (TIC long-term securities series), the total market value of long-term U.S. securities held by foreign investors was about $39.19 trillion in June 2026 (series reading 39,189,956, in millions of dollars). Of that, U.S. equity holdings were about $24.49 trillion in May 2026 (FRED equity subcomponent).
The key point is not “how much more it went up.” It’s the structure: global capital voted for U.S. assets with positioning, and equity exposure was lifted very noticeably. Pricing power still sits with U.S. stocks, not with weekend sentiment posts.
On the other hand, Reuters cited TIC: China’s holdings of U.S. Treasuries were about $633.4B in June 2026 (disclosed on August 17), with official buyers shrinking and private and custodial chains carrying more weight. A change in holding structure does not mean U.S. assets have been “abandoned.”
My view: what’s worth watching is “who is holding, and whether they’re holding bonds or stocks.” One of the foundations of U.S. stock market resilience is that global balance sheets are still putting real money where their mouth is.
Not investment advice.