US Capital Inflows Rise for Second Straight Month in June

Net foreign acquisitions of long-term securities, short-term US securities, and banking flows was a net TIC inflow of $77.8 billion in June 2025. Net foreign private inflows totaled $7.3 billion, while net foreign official inflows accounted for $70.5 billion. Foreign residents boosted their holdings of long-term US securities by $192.3 billion, with private investors contributing $154.6 billion and foreign official institutions $37.7 billion. At the same time, US residents increased their holdings of long-term foreign securities by $41.5 billion. After accounting for adjustments, including estimated foreign portfolio acquisitions of US stocks through stock swaps, overall net foreign purchases of long-term securities are estimated at $150.8 billion for the month. These flows reflect continued strong foreign demand for US assets amid global investment dynamics.