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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Bank of Tokyo

Demand for U.S. assets rises around the world

Posted by RJ and Makay on Jan 18, 2011

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Global Demand for US AssetsInvestors across the globe have been favoring America lately. In November, worldwide demand for U.S. government bonds and other financial assets rose from October's levels as purchases by private investors offset record sales by foreign governments, the U.S. Treasury reports.

Indeed, net purchases of U.S. financial assets totaled more than $85 billion in November, the highest level since last August and far more than the net purchases of $28.9 billion in October. Net purchases by foreigners reached $39 billion compared with about $15 billion in October, the Treasury adds.