Selling America Becomes Global Consensus for Investors Over Trump

US President Donald Trump’s belligerent pursuit of Greenland has sparked a debate over how the rest of the world should respond. A consensus appears to be emerging among global investors; quietly turning and walking away.

India’s holdings of US Treasuries have fallen to a five-year low as the nation pushes to support its currency and diversify its reserves, joining a broader shift by major economies out of the world’s biggest bond market. The country’s holdings of long-term US debt have dropped to $174 billion, down 26% from a 2023 peak, according to US government data made available last week. Treasuries now account for one-third of the nation’s foreign-exchange assets, according to the Reserve Bank of India, compared with 40% a year prior.