US Investments Suffers Longest Outflow Streak Since 1982 As China Dumps Treasuries To 2-Year Lows
via Zerohedge: For the fifth month in a row, US total cross-border investment was an outflow (-$7.8bn) – the longest streak of outflows since 1982… Additionally, Foreign official institutions (central banks and reserve funds) sold Treasuries for 8th consecutive month, dumping $197BN in that time (they have also sold for 12 of the past 13 months). After four straight … Read more