Foreign investors pull out of U.S. market | Chappaqua Real Estate

According to Bloomberg, potential Fed changes are causing more investors to pull out of the U.S. market, with the foreign selling of U.S. long-term portfolio assets rising for the second straight month in June. Long-term portfolio assets usually include mortgages.

Bloomberg has more on what’s irking investors:

The net long-term portfolio investment outflow was $66.9 billion after a $27 billion net decline in May, the Treasury Department said in a statement today in Washington. Net selling of long-term Treasuries by private foreign investors increased to $40.1 billion from $29 billion the prior month, the department said.

Source: Bloomberg

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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