RTTNews - Foreign holders sold a total of $8.8 billion in long-term U.S. investments in April, according to government data released Monday.
The report by the U.S. Treasury Department showed net foreign purchases of $11.2 billion, excluding transactions that take place outside the open market.
This compared to purchases of $55.4 billion in March.
Treasury said that $34.3 billion of U.S. securities were purchased during the month, including $18.3 billion from private investors and $16.0 billion from foreign governments.
In the private sphere, the purchase of $24.8 billion worth of U.S. Treasury bonds was partially offset by the sale of $11.2 billion in corporate bonds. Meanwhile, foreign governments bought $17.1 billion in treasuries and $1.5 billion in corporate bonds.
Meanwhile, Americans were net sellers of foreign securities, with $23 billion worth of overseas investments sold during April, the government said.
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