**U.S. Treasury Holdings Reach Historic Peak** Foreign investment in U.S. Treasury securities surged to a record **$9.355 trillion** in November. This milestone marks a significant recovery following the volatility associated with the recent **43-day** government shutdown. The growth was primarily driven by major institutional buyers. Japan, the United Kingdom, and Canada significantly increased their positions, offsetting a strategic reduction in exposure from China. Global confidence in U.S. assets remains robust. Total net capital inflows reached **$212 billion** for the month, bolstered by aggressive purchasing across both the Treasury and equity markets.