Tuesday, November 18, 2008
Oct TIC flow
--More buying of US equity than freign equity
--Trea is still favoable
--US Corp lose the favor
---- script
Net foreign purchases of long-term securities were $66.2 billion.
Net foreign purchases of long-term U.S. securities were $30.9 billion. Of this, net purchases by private foreign investors were $35.7 billion, and net purchases by foreign official institutions were negative $4.8 billion.
U.S. residents sold a net $35.4 billion of long-term foreign securities.
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