Overseas holdings of US Treasuries retreated somewhat in September after notching a fresh record high in August, with the UK paring back its stockpile and Japan’s climbing to its highest in more than three years.

Foreign investors held a total of $9.25 trillion of Treasuries in September, compared with $9.26 trillion the previous month. Holdings are affected by net sales or purchases, along with shifts in valuation. The Bloomberg US Treasury index advanced in both August and September.

The Treasury on Tuesday published data for both August and September, as the department catches up with a release calendar that was disrupted by the federal government shutdown.

Treasury holdings figures have been under extra scrutiny this year amid concerns that some of President Donald Trump’s trade and

See Full Page