NEW YORK, June 18 (Reuters) - Foreign investors reduced their holdings of U.S. Treasuries in April after owning record levels of U.S. debt, data from the Treasury Department showed on Wednesday, spurning dollar-denominated assets amid chaos on the trade front as President Donald Trump imposed tariffs for imported products around the world.
Holdings of U.S. Treasuries dropped to $9.013 trillion from an all-time peak of $9.049 trillion in March, the first decline in five months. Compared with a year earlier, Treasuries owned by foreigners were still up 12%.
Japan and the UK increased their holdings of Treasuries, while China cut back.