Search for long-term U.S. assets increased

Foreign demand for long-term U.S. financial assets grew in August, although China has reduced its reserves in U.S. government securities sent AP. In August, foreigners have bought assets for 28.6 billion dollars more than they sold, according to data published yesterday, the U.S. Treasury. In July the index increased by 15.3 pure billion in June – by 90.2 billion dolara.Ministerstvoto sold at auction record amounts of debt to cover its budget deficit which is projected to be 1.41 trillion. z. e. for the financial year ended in late September. Some economists fear that if foreign buyers do not continue to buy U.S. bonds, interest rates may povishat.Prez August China has reduced its reserves in U.S. government securities by 3.4 billion dollars to 797.1 billion dollars, but continues to country, which holds most of these assets. Japan, which ranks second in the world on this indicator has increased its reserves to 731 billion dollars to 724.5 billion dollars in July, says AP.

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Finance