''Private foreign investors sold a net $30.8 billion in long-term Treasury bond and notes, the largest selloff on record, the U.S. Treasury said Friday in its monthly report on cross-border capital flows.
They weren't alone. Foreign official holders of long-term U.S. debt sold out of $23.7 billion, the highest outflow since November 2008 at the height of the financial crisis.
Foreign official investors also exited from of short-term dollar debt, selling a net $30.1 billion in Treasury bills and other liabilities.
U.S. latest data has shown a steady recovery of the economy,making intense discussions among Federal's Reserve officials of earlier tapering off its buying of treasury debt and mortgaged-backed securities''.
Source WSJ
