Foreign Investment
Why this is rated stable
Foreign holdings of Treasuries totaled $9,248.1 billion at end-July 2026, within the $9,109.5–$9,487.3 billion range of the prior 12 months. The foreign direct investment position rose $266.0 billion to $5.86 trillion at end-2025. CFIUS notices were 233 in CY2023, the latest year in the published tables.
Stable: Operating within normal ranges. No significant disruptions or unusual risks. Methodology
What is this?
This is money other countries put into the US, like buying our bonds or businesses.
How it's doing: Working normally.
About this area
Foreign investors hold a large share of US government debt and own substantial US businesses. This page tracks Treasury holdings by foreign investors, direct investment flows, and CFIUS national-security reviews.
Indicators
Latest readings. Changes are shown without judgment of whether up or down is better.
| Indicator | Latest |
|---|---|
Foreign holdings of Treasuries Grand total of estimated foreign holdings of US Treasury bills, bonds and notes at end of period. Source: U.S. Department of the Treasury | $9,248.1B |
Foreign direct investment position in the US Cumulative foreign direct investment position in the United States at end-2025, historical-cost basis. Source: U.S. Bureau of Economic Analysis | $5.86T |
CFIUS notices (latest full year) Number of CFIUS notices for covered transactions filed in CY2023, the latest year in the published tables. Source: CFIUS / U.S. Department of the Treasury | 233notices |
Charts
Timeline of developments
BEA: US liabilities to foreign residents rose in Q2 2026 (opens original release)
Second-quarter transactions increased U.S. liabilities to foreign residents by $978.9 billion. The U.S. net international investment position was –$22.42 trillion at the end of Q2 2026.
Source: U.S. Bureau of Economic AnalysisBEA: Foreign direct investment position rose $266.0 billion in 2025 (opens original release)
The foreign direct investment in the United States position increased $266.0 billion to $5.86 trillion at the end of 2025, led by a $182.4 billion increase from Europe. Manufacturing accounted for 42.8 percent of the total position.
Source: U.S. Bureau of Economic AnalysisExpenditures by foreign direct investors to acquire, establish, or expand U.S. businesses totaled $232.2 billion in 2025, up $76.8 billion or 49.5 percent from 2024. Acquisitions of existing U.S. businesses accounted for most expenditures.
Source: U.S. Bureau of Economic Analysis
Sources and citationsWhere this info comes from
- 1.Treasury International Capital (TIC) System
U.S. Department of the Treasury. Accessed Sep 27, 2026.
- 2.Major Foreign Holders of Treasury Securities
U.S. Department of the Treasury. Accessed Sep 27, 2026.
- 3.Direct Investment by Country and Industry
U.S. Bureau of Economic Analysis. Accessed Sep 27, 2026.
- 4.U.S. International Transactions and Investment Position, 2nd Quarter 2026
U.S. Bureau of Economic Analysis. Accessed Sep 28, 2026.
- 5.Information Regarding Declarations and Notices for Covered Transactions 2008-2023
CFIUS / U.S. Department of the Treasury. Accessed Sep 28, 2026.
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