• Prior (inc swaps) revised to -$39.2bn
  • Ex-swaps -$45.9bn vs -$29.3bn revised to -$28.0bn
  • Foreign buying t-bonds $17.86bn vs -$3.4bn revised to -$0.13bn
  • Overall net capital flows -$119.6bn vs -$16.6bn revised to -$13.0bn
  • China Treasury holdings $1.269tn vs $1.317tn in Nov
  • Japan $1.183tn vs $1.186tn prior

So it looks like some diversification going on with overall flows, mainly from private investors, shedding $119bn. Foreign demand for long term secs continues on the downward path seen through the end of 2013.

US Treasury flows 18 02 2014