US corporate bonds register increase in foreign demand

Foreign net holdings of US corporate bonds rose to $30.5 billion in February from $25.8 billion in January, climbing for the first month since November, according to the US Treasury Department. Net holdings for all US securities, which include US Treasury debt, agency debt, US stocks and US corporate bonds, increased to $86.9 billion, the highest level in three months, with the largest increases in agency bonds and corporate bonds.

Matt Eagan, a portfolio manager at Loomis Sayles in Boston, says

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