FX.co ★ Russia invests billion dollars in U.S. bonds

Russia expanded investing its free financial assets in the U.S. government bonds. According to the latest data of the U.S. Treasury Department, this print added $3.6 billion in August to $118.1 billion.
Importantly, Russia is ranked 12th on the list of the countries that have billions invested in the U.S. treasury bonds. On the whole, foreign buyers increased their investments in the U.S. securities hitting a new high in August. So, the volume of foreign investments grew 1.1% as compared to July to $6.07 trillion.
Experts assume this trend will last at least until late 2014 as the investors’ stance is greatly affected by the uncertain global geopolitical situation. Besides, the global economy is still facing the doldrums.
Therefore, the U.S. treasury bonds are considered to be the most reliable securities, although they are not the most gainful securities sold on the global financial market. Interestingly, demand for the U.S. government bonds has been steadily rising since summer 2013.