We Just Witnessed The Largest Sales Of Treasuries By Foreigners In 6 Years
Aug 16, 2013, 20:39 IST
One of the biggest fears in the financial markets is that foreign investors will stop buying U.S. Treasury securities, causing borrowing rates to surge.
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Not that this is the beginning of a frightening trend, but new data from the Treasury Department shows that foreigners were net sellers in June. In fact, this is the largest net sale of U.S. securities since August 2007.
Here's a graphic from Reuters:
