Cathie Wood Disputes De-Dollarization Narrative as Treasury Data Shows Foreign Official Net Buying of $41.6B

On Thursday, ARK Invest CEO Cathie Wood pushed back against de-dollarization concerns, arguing that foreign holdings of US Treasuries remain broadly rising. According to Treasury data, foreign official institutions were net buyers of $41.6 billion in long-term US securities in April, contradicting the narrative of a wholesale central bank retreat from dollar assets. Wood characterized recent Treasury sales by countries such as Japan as currency-defense moves rather than signals of broader dollar abandonment.
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