Foreigners buy long-term U.S. assets for 5th straight month in Nov. -Treasury

By Kitco News / January 17, 2018 / www.kitco.com / Article Link

NEW YORK, Jan 17 (Reuters) - Foreigners bought long-term U.S. securities for a fifth consecutive month in November, data from the U.S. Treasury Department showed on Wednesday.

Offshore investors purchased $57.5 billion in long-term U.S assets after buying $26.2 billion in October. Including shorter-dated securities, overseas investors amassed $33.8 billion in November after buying $152.9 billion the month before.

The report also showed China's holdings of U.S. Treasuries fell to $1.176 trillion in November, its lowest in four months. The largest foreign holder of U.S. government debt owned $1.189 trillion in October.


(Reporting by Richard Leong Editing by Chizu Nomiyama)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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