China Boosts Treasuries Buying as Global U.S. Demand Rises
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Global demand for U.S. stocks, bonds and other financial assets rose in April from a month earlier, as China increased its holdings of Treasuries after five months of declines, the Treasury Department reported.
Net buying of long-term equities, notes and bonds totaled $30.6 billion during the month compared with net buying of $24 billion in March, according to statistics issued today in Washington. Including short-term securities such as stock swaps, foreigners purchased a net $68.2 billion, less than net buying of $127.1 billion the previous month.