Global Demand for U.S. Assets Rose $23.6 Billion in May
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Global demand for U.S. stocks, bonds and other financial assets rose in May from a month earlier as China and Japan added to their holdings of government securities, the Treasury Department reported.
Net buying of long-term equities, notes and bonds totaled $23.6 billion during the month, compared with net buying of $30.6 billion in April, according to statistics issued today in Washington. Including short-term securities such as stock swaps, foreigners sold a net $67.5 billion compared with net buying of $66.6 billion the previous month.