Demand for US government debt and other securities eased in March as China sold Treasuries for the fifth straight month, according to official data released on Monday.
The US Treasury reported that net purchases of long- term securities including stocks and bonds rose $24bn, less than a forecast $33bn and down from the previous month’s rise of $27.2bn.
Total Treasury International Capital, or Tic flows, which includes short-term securities, rose a net $116bn in March, up from $96.5bn in February.
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