Foreign Buying of U.S. Portfolio Assets Gains on Asia Demand
This article is for subscribers only.
International investors were net buyers of U.S. long-term portfolio assets in September as demand strengthened from China and Japan, the two largest foreign holders of Treasuries.
The net long-term portfolio investment inflow was $25.5 billion after a revised $9.8 billion outflow in August, the Treasury Department said in a statement today in Washington. China raised its holdings of U.S. government debt by 2 percent and Japan boosted its by 2.5 percent, the department said.