Wednesday, September 16, 2009

AP | Foreign demand for long-term US securities falls

WASHINGTON (AP) -- Foreign demand for long-term U.S. financial assets fell in July, but China boosted its holdings, the Treasury Department said Wednesday. Foreigners purchased $15.3 billion more assets than they sold in July. Still, that's a steep decline from June, when they purchased $90.7 billion more than they sold.