Foreign investors sell record Treasurys in June (by Greg Robb)

WASHINGTON (MarketWatch) - Private foreign investors sold a record amount of Treasurys in June, according to the latest report on foreign capital holdings released Monday by the Treasury Department. Foreign investors sold $18.3 billion in Treasurys in June. The previous record was net sales of $16.5 billion in June 2000. Official demand for Treasurys increased in June. China increased its holdings of Treasurys in June. The declines were concentrated in Luxembourg and the Cayman Islands, suggesting private funds were doing the selling. Overall, foreign investors bought a net $3.7 billion of long-term U.S. assets in June, down sharply from $24.2 billion in May.