US sees record long-term securities inflow in March

NEW YORK, May 17 (BestGrowthStock) – Foreign investors set a record
for purchases of long-term U.S. securities in March, snapping
up $140.5 billion and shattering a previous peak seen in 2007,
the Treasury Department said on Monday.

March’s net long-term purchases were roughly three times
those seen in February, when foreigners bought a net $47.1
billion. March’s total was the largest since Treasury began
collecting such data in the 1930s.

The previous high was recorded in May 2007, when foreigners
bought a net $135.8 billion.

Overall inflows, which include short-term securities such
as Treasury bills, rose in March, with foreigners buying a net
$10.5 billion, compared with an upwardly revised $9.7 billion
inflow the prior month.

Investment Research

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

US sees record long-term securities inflow in March