Global Demand for U.S. Assets Rises as Investors Seek Safety

Global demand for U.S. stocks, bonds and other financial assets rose the most in 10 months in September as investors sought the safety of Treasury securities amid Europe’s sovereign-debt crisis.

Net buying of long-term equities, notes and bonds totaled $68.6 billion, the highest since November 2010, compared with net buying of $58 billion in August, the Treasury Department said in Washington today. Including short-term securities such as stock swaps, foreigners purchased a net $57.4 billion in September, compared with net buying of $89.3 billion the previous month.