US net long-term capital inflows slips in May

NEW YORK, July 16 (BestGrowthStock) – Foreign investors reduced
purchases of long-term U.S. securities in May, reining in their
buying of U.S. government and corporate bonds, the Treasury
Department said on Friday.

Net long-term capital inflows fell to $35.4 billion in May
from a downwardly revised $81.5 billion inflow in April.

Net overall capital inflows into the United States, which
include short-term securities such as Treasury bills, edged up
to $17.5 billion in May from the prior month’s $13 billion,

Buying of Treasury notes and bonds fell sharply, with
foreigners snapping up a net $14.9 billion in May compared with
$76.4 billion in April. China remained the biggest Treasury
holder but saw its total stash slip by $32.5 billion.

(Reporting by Steven C. Johnson; Editing by Chizu
Nomiyama)

US net long-term capital inflows slips in May