Foreigners Bought Less of U.s. Long-Term Securities in April

• Foreign investors reduced purchases of long-term U.S. securities in April as both public and private accounts unloaded mortgage-backed debt.
• US attracted a net long-term capital inflow of $25.6 billion in April down from $36 billion in March
• Foreigners stepped up Treasury purchases to $37.3 billion from $20.1 billion in March.
• Foreigners sold a net $20.5 billion in April, compared with March's downwardly revised net outflow of $48.6 billion Including short-dated assets such as bills