Macro Capital Flow Financial Times / @unusual_whales

Foreign US Equity vs Treasury Allocation Workbench

Net Foreign Purchases Flow ($ Billions / Mo) 2026 Crossover Active
US Equities Inflow
US Treasuries Inflow
Historical Precedent: First century crossover (FT report). Foreign investors are pivoting from sovereign debt duration toward mega-cap equity cash generation.
Inflow Rebalance Engine Real-time TIC Metrics
54.5% Equities / 45.5% Bonds
$85.0B
210 bps
EQUITY INFLOW
$46.33B
TREASURY INFLOW
$38.67B
FLOW RATIO (EQ / TS)
1.20x
IMPLIED VOLATILITY IMPACT
+14.2%
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