A nearly even split between foreign buying of U.S. securities, at $34.6 billion, and U.S. selling of foreign securities, at $32.6 billion, made for a strong inflow of $67.2 billion in long-term securities during August. Foreign accounts were active buyers of U.S. Treasuries at $11.5 billion and heavy buyers of corporate bonds at $19.2 billion. Foreign accounts were also buyers of government agency bonds, at $9.2 billion, but were sellers of equities where the monthly outflow came to $5.4 billion. Selling by U.S. accounts was nearly entirely in foreign bonds. Country data show Chinese accounts raising their holdings of U.S. Treasuries, by $34.5 billion to $1.200 trillion, while Japanese accounts trimmed their holdings by $11.4 billion to $1.102 trillion. Strong inflow of securities is a plus for the U.S. economy, helping to offset the nation's trade and government deficits.