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Foreign demand for long-term US financial assets declines again in May - not China's though

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  • Foreign demand for long-term US financial assets declines again in May - not China's though

    http://finance.yahoo.com/news/Foreig...html?x=0&.v=13

    Foreign demand for long-term U.S. financial assets dropped by the largest amount in four months in May, as Japan and Russia trimmed their holdings of Treasury securities.

    The Treasury Department said Thursday that foreigners actually sold $19.8 billion more long-term U.S. securities than they purchased in May. That compared with net purchases of $11.5 billion in April.

    China, the largest foreign holder of U.S. Treasury securities, bucked that trend. Its holdings rose to $801.5 billion, an increase of 5 percent from $763.5 billion in April.


    http://www.treas.gov/tic/mfh.txt

    MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
    (in billions of dollars)
    HOLDINGS 1/ AT END OF PERIOD

  • #2
    Re: Foreign demand for long-term US financial assets dow again in May - not China's though

    Look at how much the hedge funds are selling (caribbean banking centers). More for the ZIRP banks to arb. woohoo!

    The treasury "market" is one big circle jerk.

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