Internet reports that the Federal Reserve's latest financial stability report released on Friday showed that rising global trade risks, overall policy uncertainty and the sustainability of U.S. debt ranked first among the potential risks to the U.S. financial system. This is the first time that the Federal Reserve has conducted a semi-annual investigation into financial risks since Trump returned to the White House. Seventy-three percent of respondents said global trade risks were their top concern, more than double the proportion reported in November. Half of the respondents believe that overall policy uncertainty is the most worrying issue, an increase from the same period last year. The survey also found that issues related to recent market turmoil have received more attention, with 27% of respondents worried about the functioning of the U.S. Treasury market, up from 17% last fall. Foreign divestment of U.S. assets and the value of the U.S. dollar also rose on the list of concerns.