Subject: OT strong demand for US assets
https://www.apolloacademy.com/...

This chart from Torsten Slok at Apollo shows the net foreign buying of US assets. As you can see, the buying is certainly not just limited to US Treasuries that are recycling current account surpluses from trade partners. And there is high demand for US corporate bonds and equitites. In 2025, there's one blip showing a decline in purchases over the April "Liberation Day" period. If anything, demand for US equities only grew across the 2H of 2025.