Global Demand for U.S. Assets Rose in August, Treasury Says
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Global demand for U.S. stocks, bonds and other financial assets rose in August as investors bought Treasuries in anticipation of monetary easing by the Federal Reserve.
Net buying of long-term equities, notes and bonds totaled $128.7 billion in August compared with net buying of $61.2 billion in July, according to data released today by the U.S. Treasury Department. Including short-term securities such as stock swaps, foreigners purchased a net $38.9 billion compared with net buying of $63.3 billion the previous month.