List of Countries and Funds Reducing US Treasuries Around the World

Live updates

1. 1h ago

   Global Market Updates: Saudi Equity Limits and Pediatric GLP-1 Use

   Saudi Arabia is considering increasing its foreign ownership limit on listed companies from 49% to 75%, a move Morgan Stanley estimates could attract approximately $4.3 billion in index-tracking inflows. In the United States, a study published September 4 in Pediatrics indicates that weight-loss drug use among children under 12 with obesity rose 310-fold between 2019 and June 2026. Researchers identified 20,282 children ages 8 to 11 prescribed GLP-1 medications during this period. Meanwhile, Kazakhstan is developing a paper waste recycling plant in the Pavlodar region valued at around 10.8 billion tenge.

   Why it matters

   Global financial and regulatory developments continue to unfold across multiple sectors, ranging from market access reforms to public health shifts. Saudi Arabia aims to draw international capital by easing ownership restrictions on its stock market. In the health sector, rising pediatric prescriptions for GLP-1 medications highlight evolving treatment patterns for children with severe obesity. Separately, industrial infrastructure investments advance internationally, such as Kazakhstan funding new recycling capabilities.

   What is confirmed

   • Morgan Stanley estimates that increasing the foreign ownership ceiling from 49% to 75% could attract about $4.3 billion in index-tracking inflows.
   • A study published on September 4 in Pediatrics examined GLP-1 medication prescriptions among children with obesity who did not have diabetes.
   • Researchers identified 20,282 children ages 8 to 11 who were prescribed GLP-1 drugs between 2019 and June 2026.
   • A paper waste recycling plant with an annual capacity of up to 75,000 metric tons is being developed in the Pavlodar region.

   Still unconfirmed

   • Inflows could rise to $7.4 billion if the foreign ownership cap is removed entirely from Saudi listed companies.

   What to watch next

   • Whether Saudi Arabia completely removes its foreign ownership cap for listed companies
   • Commissioning of the QazRoyalPak paper recycling plant scheduled for 2028
   Sources used for this update (7)

   1. english.aawsat.com — Higher Foreign Ownership Cap Could Open New Chapter for Saudi Market
   2. www.yahoo.com — Scams in the US are at a record high. Yet most victims get no help, and some end up losing even more
   3. jen.jiji.com — Weight-loss drug use rises rapidly among young US children
   4. jen.jiji.com — Kazakhstan to launch major paper recycling plant in Pavlodar region
   5. www.miragenews.com — Super Members Summit: Address at Canberra Parliament
   6. think.ing.com — Europe’s investment gap: why millions of savers remain on the sidelines
   7. www.yahoo.com — Midterm convention invites GOP to celebrate Trump's failure | Opinion
   confidence 90%
2. 19h ago

   Canada Enacts Counter-Tariffs Against US Goods

   Canada implemented counter-tariffs on billions of dollars in American products on Tuesday, reigniting a trade dispute following actions by US President Donald Trump. Ottawa initiated the pushback weeks after the initial US measures. Meanwhile, global financial markets absorb separate developments including Dangote Refinery signing offering documents to raise approximately $1.63 billion through a sale of 4.1 billion shares at 525 naira each. Chancellor John Healey also delivered his first major economic speech at the Manufacturing Technology Centre in Coventry on Monday, detailing HM Treasury strategies focused on fiscal discipline, investment, innovation, and the workforce.

   Why it matters

   Trade tensions between Ottawa and Washington escalate as Canadian counter-tariffs take effect, adding pressure to cross-border economic relations. Concurrently, HM Treasury outlines fresh domestic economic priorities in the United Kingdom under Chancellor John Healey. These concurrent events underscore shifting international trade and fiscal policies across multiple major economies.

   What is confirmed

   • Canada's counter-tariffs on billions of dollars in US products took effect on Tuesday.
   • Dangote signed offering documents on Monday to sell 4.1 billion shares at 525 naira each, raising about $1.63 billion.
   • Chancellor John Healey delivered his first major economic speech at the Manufacturing Technology Centre in Coventry on Monday 7 September.

   Still unconfirmed

   • Norway's $2 trillion sovereign wealth fund may divest up to $80 billion in Treasury bonds and shift those assets into riskier U.S. debt.

   What to watch next

   • Further trade policy announcements or retaliatory measures from Washington regarding Canadian counter-tariffs
   • Official confirmation on the final allocation and restructuring of Norway's U.S. Treasury holdings
   Sources used for this update (5)

   1. finance.yahoo.com — Cancer Vaccines & Data Center Drama
   2. www.techuk.org — Chancellor's first major speech: What does it mean for tech?
   3. finance.yahoo.com — i2Cool Secures Tens of Millions of Yuan in Series B Funding from TopoScend Capital
   4. www.ecofinagency.com — What to Know About the Dangote Refinery IPO
   5. ca.news.yahoo.com — Canada's counter-tariffs take effect on several US goods as trade war reignites
   confidence 80%
3. 1d ago

   Norway's Sovereign Wealth Fund Proposes Deep Cuts to US Treasuries

   Norway's $2 trillion sovereign wealth fund, the largest in the world, has proposed significant reductions to its U.S. Treasury holdings. Some reports indicate the fund may divest up to $80 billion in Treasury bonds, potentially shifting those assets into riskier U.S. debt. This move coincides with a broader trend where overseas investors are losing interest in U.S. bonds, which strategists describe as a historic capital flow reversal. The fund's proposal marks a shift in how the world's largest sovereign fund manages its exposure to U.S. government debt.

   Why it matters

   U.S. Treasuries have traditionally served as a safe-haven asset for global reserves. A large-scale exit by major holders can influence bond yields and overall market stability. This reversal occurs as strategists monitor the impact of deficits and debt on foreign appeal.

   What is confirmed

   • Norway's $2 trillion sovereign wealth fund is the largest in the world.
   • Norway's sovereign wealth fund has proposed cutting its U.S. Treasury holdings.

   Still unconfirmed

   • U.S. bonds are losing appeal among overseas investors in a historic capital reversal.

   What to watch next

   • Official confirmation of the final dollar amount to be divested by Norway
   • Data on whether other sovereign wealth funds follow Norway's lead
   • Changes in U.S. Treasury yields following the fund's reallocation
   Sources used for this update (11)

   1. CNBC — World's biggest sovereign wealth fund plans to cut U.S. Treasury holdings
   2. WSJ — Norway’s Oil Fund Proposes Cut to Government Bond Holdings
   3. Reuters — Norway's $2 trillion sovereign fund proposes deep cuts to US Treasury holdings
   4. Fortune — Top sovereign wealth fund may dump $80 billion in Treasury bonds — and load up on riskier U.S. debt
   5. Newsweek — List of Countries and Funds Reducing US Treasuries Around the World
   6. www.cnbc.com — Treasurys are losing foreign appeal in a historic capital flow reversal — and here's one trade investors favor instead
   7. inews.co.uk — What the Chancellor isn’t telling you about tax rises
   8. www.abc.net.au — 'Very big structural forces' pushing bond markets to the brink and interest rates higher
   9. finance.yahoo.com — The World’s Largest Sovereign Fund Wants to Dump $80 Billion of Treasuries | Is TLT Now a Trap?
   10. sports.yahoo.com — Burn's absence has not gone unnoticed
   11. sports.yahoo.com — As pressure mounts will FIFA make a change?
   confidence 90%