TIC Flows- More like OUTFLOWS
November 17, 2010 11:14 am
September Net Long-term TIC Flows were $81.0 billion. The prior report showed an inflow of $128.7 billion.
Foreign interests are still buying, but we are also seeing a noticeable change to the amount of purchases. Several countries are actually redeeming more of late.
China has been adding positions, but at a much slower pace. They have opted for gold and other commodities that are less vulnerable to QE initiatives.