What Doesn't Go Round , Doesn't Come Round
Treasury International Capital Data for October
|Treasury International Capital Data for October|
The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for October 2009. The next release, which will report on data for November 2009, is scheduled for January 19, 2010.
Net foreign purchases of long-term securities were $20.7 billion.
Foreign holdings of dollar-denominated short-term U.S. securities, including Treasury bills, and other custody liabilities decreased $43.9 billion. Foreign holdings of Treasury bills decreased $38.3 billion.
Banks' own net dollar-denominated liabilities to foreign residents increased $21.6 billion.
Monthly net TIC flows were negative $13.9 billion. Of this, net foreign private flows were negative $32.1 billion, and net foreign official flows were $18.2 billion.Complete data are available on the Treasury website at www.treas.gov/tic.
The complete tables are interesting illustrations of just how stagnant int'l investment has become.
Additional illustration's of global stagnation, M3 levels found on