A measure of capital flowing in and out of the U.S. in December showed the biggest net selling since February 2009, according to Treasury Department data released today.
Foreign investors sold U.S. stocks, agency bonds and corporate bonds, while China and Japan reduced holdings of Treasuries in the month the Federal Reserve decided to trim monthly bond (BUSY) purchases to $75 billion from $85 billion.
Tuesday, February 18, 2014
U.S. Cross-Border Outflow of Capital Hits Highest Since 2009
Bloomberg reports:
