US sees net long-term, overall capital inflow in Feb

NEW YORK, April 15 (BestGrowthStock) – Foreign investors bought a
net $47.1 billion of long-term U.S. securities in February,
with private buying outpacing purchases by official
institutions, the Treasury Department said on Thursday.

February’s net long-term purchases were more than twice
those seen in January, when foreigners bought a downwardly
revised $15.0 billion in long-term assets. Foreigners were net
buyers of U.S. Treasury debt.

Overall inflows, which include short-term securities such
as Treasury bills, also improved in February, with foreigners
buying a net $9 billion after selling a net $10.2 billion the
prior month. January’s net outflow was initially reported at
$33.4 billion.

Private investors were most active, snapping up $52.2
billion of long-term securities compared with only $1.2 billion
bought by central banks and other official institutions.
Including short-term instruments, official accounts were net
sellers to the tune of $21.0 billion.

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(Reporting by Steven C. Johnson; Editing by Chizu

US sees net long-term, overall capital inflow in Feb