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Foreigners sold U.S. assets in November, reversing a buying binge sparked the prior month by the end of a 16-day U.S. government shutdown, U.S. Treasury data showed on Thursday.
Overseas investors cut their holdings of long-term U.S. securities in November by $29.3 billion, reversing a $28.7 billion increase in October. The October figure was adjusted from an originally reported $35.4 billion.
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Including short-dated securities such as bills, foreign holdings declined by $16.6 billion after pulling in a hefty $188.1 billion in October.
—By Reuters