The Current Account Deficit jumped 11.3 billion in the firstquarter to 124.7 billion. As apercentage of GDP or Gross Domestic Product it increased .2% to 2.7%. The April Treasury International Capital orTIC Report showed a net long-term decline in foreign demand for US Securitiesof 79.6 billion effectively wiping out the 78.1 billion gain the priormonth. Treasury and corporate bondsremained unpopular, in favor of agency issues, stocks remained unpopular withforeign buyers as well.
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