Group 1 - The latest report from the U.S. Treasury indicates that the top three foreign holders of U.S. Treasury securities increased their holdings in June, reflecting a subtle shift in allocation strategies amid global economic uncertainty [1] - Japan, the largest foreign holder of U.S. Treasuries, increased its holdings by $12.6 billion in June, bringing its total to $1.1476 trillion, continuing a trend of increasing confidence in U.S. debt [2] - The UK significantly increased its holdings by $48.7 billion, raising its total to $858.1 billion, surpassing China to become the second-largest foreign holder of U.S. Treasuries [2] Group 2 - In June, total foreign holdings of U.S. Treasuries reached $9.1277 trillion, an increase of $80.2 billion from the previous month, primarily driven by official funds [3] - Foreign investors net purchased $192.3 billion in long-term U.S. securities in June, with private foreign investment accounting for $154.6 billion, indicating a renewed preference for U.S. long-term assets [3] - The expectation of interest rate cuts has supported the U.S. Treasury market, contributing to a downward trend in Treasury yields, which has created favorable conditions for foreign investors to increase their holdings [3]