Foreign demand for U.S. assets strengthens in July - MarketWatch

Foreign demand for U.S. assets strengthens in July - MarketWatch

Foreign investors bought a net $60.2 billion of long-term U.S. securities in July, up sharply from the $5.5 billion purchased in the prior month, Treasury Department data released Tuesday showed. This is the largest amount of purchases in a month since January. In the key Treasury sector, overseas investors were net buyers of $50 billion in July, up from $32.5 billion in June. They purchased $4.5 billion of government agency bonds in July after net sales of $600 million in June. Foreign investors purchased a net $6.4 billion of U.S. equities in the month. Taking into account purchases by U.S. residents and overseas investors, the net foreign purchases of long-term securities was $67.0 billion in July, up sharply from $9.3 billion in June. According to the data, China-based investors slightly increased their holdings of U.S. Treasurys in July.