Foreign governments and investors held 23.9% of the national debt in Q1 2026, the Federal Reserve 12.0%, U.S. trust funds 19.5%

Everyone else in the U.S. (banks, funds, households, states) 44.6% · foreign share 25.0% a year earlier · of $39.1 trillion

Macro · Macro · U.S. Treasury · 30 Mar 2026