These Treasury data track the flows of financial instruments into and out of the United States. Instruments tracked include Treasury securities, agency securities, corporate bonds, and corporate equities. Why Investors Care
| Released on 3/15/07 For Jan 2007 | ||||||||
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Highlights
Net foreign purchases of long term U.S. securities bounced back sharply in January, to an in-trend $97.4 billion from an unusually low $14.3 billion in December. At $97.4 billion, foreigners are showing strong willingness to fund our trade and budget deficits.
Foreigners once again showed special appetite for corporate bonds in January, and also strong demand for agency bonds. Yet, interestingly, for a second month, demand for Treasuries was soft. But this isn't likely to be the start of a trend. February data will be boosted by the Treasury's very successful quarterly refunding while March will include the current flight-to-safety inflow. Japan and China, the largest holders of U.S. Treasuries, incrementally increased their holdings in the month. Foreign purchases of equities bounced sharply higher in January, also a result that may prove isolated given the current downturn in stocks.
TIC data lag unusually long, especially noticeable in times of change, in this case from a high yield market to a low yield, risk averse market. Despite the month's big jump in the headline, there was no reaction in the financial markets.
| 2007 Release Schedule | ||||||||||||||||||||||||||
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