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Friday 22 January 2010

QROPS ADVICE: LONG-TERM DEMAND RISES

International demand for long-term U.S. stocks, bonds and financial assets rose in November as private investors purchased a record amount of government securities, a Treasury Department report showed. Net buying of long-term equities, notes and bonds totalled USD126.8 billion for the month, compared with net buying of USD19.3 billion in October, the Treasury said. Including short-term securities such as stock swaps, foreigners purchased a net USD26.6 billion in November, compared with net selling of USD25.4 billion the previous month.

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