Foreign net Treasury purchases rebound in Oct.

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Foreign net Treasury purchases rebound in Oct.
from MarketWatch.com - MarketPulse
WASHINGTON (MarketWatch) - Foreign investors were net buyers of Treasurys in October, one month after they were net sellers of the largest amount of bonds on record, government data released Monday showed. Foreigners bought a net $7.6 billion of Treasurys in October, up from net sales of $18.3 billion in September. Overall, foreign investors bought a net $28.4 billion of long-term U.S. securities in October, up from the $17.8 billion purchased in the prior month, the Treasury Department said. This includes Treasurys, mortgage-related bonds, corporate bonds and equities. According to the data, China-based investors slightly increased their holdings of Treasurys in the month.