China Trims Treasury Holdings, but Total Foreign Demand Grows » financialsurfer.com

China Trims Treasury Holdings, but Total Foreign Demand Grows

August 17th, 2009 | Category: Economy
Foreign demand for long-term U.S. financial assets grew in June, even as China trimmed its holdings of U.S. Treasury securities, according to a Treasury Department report. Overall, foreign investors bought $90.7 billion more in long-term U.S. securities than they sold in June. In May, foreign investors sold $19.4 billion more securities than they bought. China reduced its Treasury holdings from $801.5 billion in May to $776.4 billion in June. But other countries, including Japan …

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