Net foreign purchases of long-term securities rose to $126.8 billion in November from $19.3 billion in the previous month, the Treasury Department said Tuesday. This was the largest monthly net purchases since October 2007. Including short-term securities and bank lending data, foreigners bought a net $26.6 billion compared with net sales of $25.4 billion a month earlier. Purchases of U.S. financial assets by foreign governments totaled $33.3 billion after a $14.6 billion increase in October. International demand for Treasurys increased by $118.3 billion in November, compared with a gain of $38.9 billion in October. Full Story
