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 9/16/08 For Jul 2008 | ||||||||
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Highlights
Foreign demand for U.S. securities fell back abruptly, at least in July when net foreign purchases of long-term securities came in at only $6.1 billion, well down from $53.4 billion in June. But July was a special month when the dollar was at its lowest, at $1.6000 against the euro. Strength in the dollar, which averaged nearly $1.5000 in August, points to improved foreign demand. And for September, given massive flight to safety into U.S. Treasuries, foreign demand is likely to be strong.
Net foreign sales of government agency bonds were a very severe $50 billion and alone account for July's weak headline total. June's data showed net foreign purchases of $31.5 billion for agencies. July's data also show net foreign sales of $5.7 billion from the equity market and a rare outflow of $4.2 billion in corporate & other bonds. Net foreign purchases of Treasury notes and bonds, boosted by agency sales, were solid at $34.3 billion with China and Japan both increasing their holdings. Financial markets showed no reaction to the data.
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