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More Than Meets The Eye

Foreigners sold $17 billion worth of Treasury notes and bonds in December 2011. It was only the third net monthly sale of Treasuries by foreigners over the past three years. For all of 2012, net foreign purchases of U.S. Treasuries totaled $376 billion, a slowdown from the $703 billion of net purchases in 2010, according to Treasury International Capital System (TICS) data.

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