Following Donald Trump’s 2024 election victory, foreign investors reacted with a *massive sell-off* of U.S. Treasuries. *16 out of 20 major economies* reduced their holdings in December, signaling *waning confidence* in U.S. economic stability. Notable cuts included the *UK (-$44.1B), Japan (-$27.3B), Saudi Arabia (-$15.1B), and China (-$9.6B).

* This shift highlights *growing uncertainty* over Trump’s trade, tax, and fiscal policies, pushing central banks and investors to *diversify away from U.S. assets* in search of greater stability.