China's Holdings Of US Treasuries Rise For First Time In 6 Months, Foreigners Keep Buying US Stocks After foreigners bought a record amount of stocks in the last 12 months into October, the latest Treasury International Capital flow data shows November was a massive month for private inflows overall. Source: Bloomberg After a record stretch of selling which ended in May 2020, foreign central banks bought US Treasury for 3 consecutive months in Aug, Sept and Oct, the longest stretch of buying since June 2014., but November saw the selling stretch resume, with the biggest selling since April 2020... Source: Bloomberg After 5 straight months of selling, China bought $9BN of US Treasuries in November... Source: Bloomberg Japan was a seller for the 4th straight month... Source: Bloomberg Foreigners bought $9.640BN in TSYs in November, a reversal from their selling of $20.1BN in October. They doubled down on purchases of Agencies, buying $53.39BN in November after buying $48.9BN in October. Foreigners bought $867MM in corporate bonds, after selling $21.5BN in October. Finally, they purchased $61.9BN in equities in November, the 7th consecutive month of purchases... Source: Bloomberg Finally, we note that while Treasury holdings overall are rising modestly, but have a long way to go to match the de-dollarization trend seen in gold holdings over the past year... Source: Bloomberg Tyler Durden Tue, 01/19/2021 - 16:16