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Our Research — June 16, 2004

U.S. Treasury’s International Capital Statistics Update In last month’s TIC Report, we took a look at foreign buying of U.S. Treasuries. We pointed out that Japan alone accounts for almost 60% of all foreign buying of these securities. While they were buying record amounts of U.S. Treasuries in March, we warned that the combination of… Continue reading Untitled

Open U.S. Treasury’s International Capital Statistics Update
In last month’s TIC Report, we took a look at foreign buying of U.S. Treasuries. We pointed out that Japan alone accounts for almost 60% of all foreign buying of these securities. While they were buying record amounts of U.S. Treasuries in March, we warned that the combination of a new fiscal year in Japan (starting April 1) and a stronger dollar might help facilitate a reduction in buying. Now that April’s numbers are out, we revisit this topic.