The U.S. Department of the Treasury recorded a net capital inflow of $44.9 billion from international capital movements (TIC) for December 2025. The data was published on Wednesday.

This overall figure reflects the total volume of net foreign purchases of long-term securities, short-term U.S. securities, and banking flows. Private foreign investors contributed $32.7 billion, while foreign official institutions added $12.2 billion.

Foreign residents increased their investments in long-term U.S. securities, making net purchases totaling $62.9 billion in December. Of this amount, $55.7 billion came from private foreign investors, and $7.2 billion from official foreign institutions.

American residents also expanded their investments in long-term foreign securities, with net purchases amounting to $34.9 billion during the same period.

After adjustments, including estimated foreign portfolio acquisitions of U.S. stocks through swaps, the total net foreign purchases of long-term securities in December reached $28.0 billion.

The data also shows that foreign residents increased their holdings of U.S. Treasury bills by $9.7 billion. Investments by foreign residents in all dollar-denominated short-term U.S. securities and other custodial obligations rose by $12.1 billion.

Additionally, banks’ own net dollar liabilities to foreign residents grew by $4.8 billion.

The next TIC data release, covering figures for January 2026, is scheduled for March 18, 2026.