The U.S. Department of the Treasury has published the Treasury International Capital (TIC) data for January 2024, revealing a net TIC outflow of $48.8 billion. This figure includes net foreign private outflows amounting to $74.8 billion and net foreign official inflows totaling $26.0 billion.
Foreign residents increased their holdings of long-term U.S. securities by $0.2 billion in January, with private foreign investors purchasing $59.2 billion and foreign official institutions selling $59.0 billion.
U.S. residents also increased their holdings of long-term foreign securities, making net purchases of $45.4 billion during the month.
Adjustments for estimated foreign portfolio acquisitions of U.S. stocks through stock swaps suggest overall net foreign sales of long-term securities reached approximately $45.2 billion in January.
In addition, foreign residents expanded their holdings of U.S. Treasury bills by $32.3 billion, while their total holdings of dollar-denominated short-term U.S. securities and other custody liabilities rose by $53.9 billion.
Conversely, banks’ own net dollar-denominated liabilities to foreign residents saw a decrease of $57.5 billion.
The monthly TIC data offers insights into the international financial flows involving U.S securities but does not provide precise ownership details due to factors such as custodial accounts in third countries and management by foreign portfolio managers on behalf of other countries’ residents.
Complete data is available on the Treasury website.
