Foreign Demand for Treasury Debt Is Stalling, Trade Group Says

Foreign investors are showing signs of diversifying away from US Treasuries as debt levels mount, according to the financial industry’s global trade group.

Net purchases of US government debt by foreign investors have been stable this year, while Japanese and European sovereign debt have seen increased accumulation by foreigners, according to a Wednesday report by the Institute of International Finance. The association represents about 400 banks, insurers and asset managers.