According to the latest data released on Friday, in the 12 months up to July, foreign investors' net purchases of US stocks and investment fund shares reached a record high of 942 billion US dollars, which partly reflects the trend of overseas capital shifting from the US bond market to US stocks. According to data from the US Treasury dating back to 1985, this capital inflow set a new record for the highest rolling 12-month period in history. In fact, Deutsche Bank strategists noticed this phenomenon in a report earlier this month. The bank pointed out that as interest in US sovereign debt appears to be waning, they now prefer US stocks over US Treasury bonds, which marks a historic shift. According to data from the US Bureau of Economic Analysis, net purchases of foreign investors' shares in US stocks and investment funds jumped to 426 billion US dollars in the second quarter, a sharp increase of 62% over the same period in 2025, and breaking the previous quarter record of 299 billion US dollars set in 2022.

Zhitongcaijing · 2d ago
According to the latest data released on Friday, in the 12 months up to July, foreign investors' net purchases of US stocks and investment fund shares reached a record high of 942 billion US dollars, which partly reflects the trend of overseas capital shifting from the US bond market to US stocks. According to data from the US Treasury dating back to 1985, this capital inflow set a new record for the highest rolling 12-month period in history. In fact, Deutsche Bank strategists noticed this phenomenon in a report earlier this month. The bank pointed out that as interest in US sovereign debt appears to be waning, they now prefer US stocks over US Treasury bonds, which marks a historic shift. According to data from the US Bureau of Economic Analysis, net purchases of foreign investors' shares in US stocks and investment funds jumped to 426 billion US dollars in the second quarter, a sharp increase of 62% over the same period in 2025, and breaking the previous quarter record of 299 billion US dollars set in 2022.