US sees net overall capital outflow,long-term inflow

NEW YORK, Aug 16 (BestGrowthStock) – Foreigners were net sellers of
U.S. securities in June for the first time in five months, but
increased their purchases of long-term instruments such as U.S.
government debt, the Treasury Department said on Monday.

Overseas investors sold a net $6.7 billion of U.S.
securities in June, including short-term instruments such as
Treasury bills. They were net buyers to the tune of $17.1
billion in May, according to the latest Treasury calculations.

Net long-term capital inflows, however, rose to $44.4
billion in June from a $35.3 billion inflow in May, a slight
downward revision from the initial estimate.

Foreign purchases of U.S. Treasury debt rose by about $18.3
billion, though top Treasury holder China cut its stash for a
second straight month.

Agency debt purchases fell by $9.2 billion, while overseas
investors were net sellers of U.S. corporate debt for a second
straight month.
(Reporting by Steven C. Johnson; Editing by Chizu Nomiyama)

US sees net overall capital outflow,long-term inflow