U.S. investment outflow reaches record

August 15, 2014 05:09 AM
The U.S. posted a record cross-border investment outflow in June as China and Japan, the two top foreign holders of Treasuries, sold U.S. debt.

The total net outflow of U.S. securities and banking transfers was $153.5 billion, after an inflow of $33.1 billion the previous month, the Treasury Department said in a report today.

China’s holdings of U.S. Treasuries declined by $2.5 billion to $1.27 trillion, while Japanese holdings dropped $600 million to $1.22 trillion, according to Treasury report today. Holdings in Belgium climbed to $364.1 billion, the report showed.

Investors in Treasuries lost 0.1 percent in June, according to Bloomberg World Bond Indexes. The Bloomberg U.S. Dollar Index, a gauge of the greenback’s value against 10 major currencies weighted by liquidity and trade flows, lost 0.7 percent in June.

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