Your Economy (No Politics)

[Bullwinkle]

U.S. Oct. capital flows $48.1 bln vs Sept. $67.5 bln
By Greg Robb
12/15/2004

WASHINGTON (CBS.MW) -- Capital flows into the United States slowed in October, the Treasury Department said Wednesday. Private purchases of U.S. financial assets fell while purchases by foreign central banks rose slightly. Total net capital inflows fell to $48.1 billion in October from a revised $67.5 billion in September. Private net purchases fell to $49.1 billion in October from $51.7 billion in September. Foreign central banks bought $14.2 billion of U.S. assets, including $14.8 billion of Treasurys and $0.9 billion of corporate bonds. $800 million of agency bonds were sold.

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