Foreign Bidders for Treasury Auctions Unswayed by Tariffs Tumult

The first auctions of long-term US government debt since the Trump administration unveiled its sweeping tariffs agenda on April 2 drew near-average levels of foreign buying, according to Treasury Department data released Wednesday.

The auctions of three-, 10- and 30-year debt on April 8, 9 and 10 — when yields were surging — had intensified concerns that President Donald Trump’s trade policies would erode global demand for US assets including Treasuries.