Foreign investors hit the road

By Paul R. La Monica, CNNMoney
2008-10-16 13:53:09

NEW YORK (CNNMoney.com) -- Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer.

According to the Treasury Department's latest report - released Thursday - overseas investors bought a total of nearly $35 billion in Treasury bonds in August.

But they dumped other securities, including corporate bonds, U.S. stocks and government-agency bonds, such as those from Fannie Mae and Freddie Mac.

The Treasury report showed that foreign investors - mostly private investors, not central banks - sold a net $29.4 billion in agency debt and $13.1 billion in corporate bonds. The outflow from equities was less pronounced with overseas investors selling only about $1 billion in stocks.

	Investment Basic Investment Overview Investment Approache Fundamentals Data Investment Stories www.fxj108.com	Foreign investors hit the road By Paul R. La Monica, CNNMoney 2008-10-16 13:53:09 NEW YORK (CNNMoney.com) -- Foreign investors are still showing a voracious appetite for U.S. Treasury bonds...but they're selling everything else the United States has to offer. According to the Treasury Department's latest report - released Thursday - overseas investors bought a total of nearly $35 billion in Treasury bonds in August. But they dumped other securities, including corporate bonds, U.S. stocks and government-agency bonds, such as those from Fannie Mae and Freddie Mac. The Treasury report showed that foreign investors - mostly private investors, not central banks - sold a net $29.4 billion in agency debt and $13.1 billion in corporate bonds. The outflow from equities was less pronounced with overseas investors selling only about $1 billion in stocks.