Net foreign purchases of long-term securities were $66.2bln in September, higher than expected, and following a upwardly revised $21bln in August. Monthly net TIC flows were $143.4bln (largest since Jan-06) after an upwardly adjusted $21.4bln previous (originally down $400mln).
Net foreign purchases of long-term securities were $14bln in August, under the $30bln expected and following July’s $8.6bln. Net Foreign Purchases of LONG TERM Securities were -$8.8bln; Private Foreign Investors bought $1.5bln; Official Institutions sold $10.2bln.
Monthy net TIC flows were negative $400bln against a reading of negative $33.6bln in July.
Net Foreign Purchases of Long Term Securities were $6.1bln versus an unrevised $53.bln in June and against an expected $40bln. Total Monthly NET TIC FLOWS were -74.8bln versus and upwardly revised $59.9bln and an expected positive $55bln. The last time monthly outflows were of this magnitude was in August of 2007, when they reached $162.5bln.
Net foreign purchases were negative $8.2bln. Foreign holdings of short term U.S. securities, including T-bills, decreased $8.4bln and T-bills decreased $4.4bln.
Japanese holdings of U.S. treasuries increased $9.6bln. Chinese holdings increased $14.9bln and OPEC holdings were up 3.9bln. The largest drop in U.S. treasury holdings was $12.8bln in Luxembourg. Carribean holdings were up $11.1bln.
Net foreign purchases of long-term securities were $53.4bln in June, under the $60bln expected and following May’s upwardly revised $83.2bln, previously reported as $67bln.
Monthy net TIC flows were $51.1bln against an upwardly revised $12.3bln (previously reported as -$2.5bln) in May.
China’s holdings were down $3bln to $503.8bln in June while Japan’s holdings were up $5.1bln to $583.8bln. Carribean bank holdings were up $17.7bln after a $13.5bln drop in May. OPEC holdings were up $6.1bln.
Net foreign purchases of long-term securities were $67bln in May, just under expectations and following April’s downwardly revised $111.9bln (previously reported as $115.1bln).
Monthy net TIC flows were -$2.5bln, following $61.6bln in April.
China’s holdings were up $4.5bln in May while Japan’s were down $13.5bln and Caribbean banks down $7.8bln. OPEC holdings were up $10.4bln.
Net foreign purchases of long-term securities were $115.1bln in April, nearly twice expectations and above an upwardly revised $79.6bln in March.
Monthly net TIC flows were $60.6bln, also above estimates and following negative $48.7bln in March.
China’s holdings were up $11.4bln, Russian holdings were up $17.8bln, OPEC holdings were up $3.1bln, and Caribbean Bank holdings were up $8.3bln. Japanese holdings fell $8.5bln.
Mar. net foreign purchases of long-term securities were $80.4bln, higher than estimates of$62.5bln and following a downwardly revised $64.9bln in Feb. (previously reported as $72.5bln).
Mar. monthly net TIC flows were -$48.2bln, much lower than the expected $67.5bln and following a revised $48.9bln in Feb. (initially reported as $64.1bln).
Feb. net foreign purchases of long-term securities were $72.5bln following a downwardly revised $57.1bln in Jan. (previously reported as $62bln).
Monthly net TIC flows were $64.1bln vs. a revised $35.7bln in Jan. (initially reported as $37.4bln).
Some of the data seem to show a reversal of the move away from USD-denominated assets in the past few months. Most significantly, the UK increased its holdings of Treasury securities by $23.5bln to a total of $180.7bln. OPEC’s holdings increased $5.2bln to $146.1bln.
Meanwhile, China’s holdings dropped by $5.7bln. Holdings in the Caribbean dropped about $5bln as well, as expected, since several hedge funds faced big margin calls that month.
Feb. TIC Flows will be released tomorrow at 9:00am EST. Long-term TIC flows are expected at $60bln after coming in at $62bln in Jan. Monthly TIC flows are expected at $72.5bln after $37.4bln the previous month.
Despite the net increase in TIC flows, waning interest in US Treasuries (tied to dollar weakness) was apparent in the Jan. data. Caribbean Treasury holdings dropped $8.3bln that month and are expected to fall further in the Feb. numbers because several hedge funds faced big margin calls.
Feb. TIC Flows will be released tomorrow at 9:00am EST. Long-term TIC flows are expected at $60bln after coming in at $62bln in Jan. Monthly TIC flows are expected at $72.5bln after $37.4bln the previous month.
Despite the net increase in TIC flows, waning interest in US Treasuries (tied to dollar weakness) was apparent in the Jan. data. Caribbean Treasury holdings dropped $8.3bln that month and are expected to fall further in the Feb. numbers because several hedge funds faced big margin calls.