Foreign investors cut their holdings of US long-term securities in January although China and Japan purchased more Treasury bonds, according to Treasury data issued Monday. The latest Treasury International Capital report, known as Tic, revealed net sales of $43bn in long-term US securities in January, following purchases of $34.7bn in December. US residents purchased a net $24.2bn of foreign securities, the first net buying since last June as repatriation flows halted.

This entry was posted by Gwen Robinson on Tuesday, March 17th, 2009 at 4:42 and is filed under Capital markets. Edit this entry.