THE TELEGRAPH: Investors concerned about debt problems in the eurozone and China's continuing growth potential flocked to the safety of the US in their droves in March, snapping up a record net $140.5bn (£97bn) of long-term debt.
The net increase was almost a $100bn rise on February – when foreign purchases of long-term securities stood at $47.1bn – and was a new record, according to US Treasury figures.
The marked increase in securities purchases – which saw China become a net-buyer of US assets for the first time in six months – is evidence that the rest of the world continues to view the US as a relative safe haven. >>> James Quinn, US Business Editor | Monday, May 17, 2010
