Fast Money

Private foreign buying of longer-term US Treasuries has fallen to roughly $263 billion over the last 12 months, nearly half the $506 billion purchased in the prior 12-month period, according to figures being circulated by market commentators. Observers say the drop signals fading overseas appetite for US long-term debt, though they note foreign money is not leaving the US entirely but shifting into other assets, raising questions about how easily America can fund its deficits.