Eurozone funds charged into overseas debt in Q2
Net purchases almost reversed the first quarter’s fire sale
Investment funds in the eurozone bought a net €155.7 billion ($185.8 billion) of debt over the second quarter, two-thirds of it issued from outside the bloc.
The funds snapped up almost €103 billion of non-eurozone bonds, the second-largest net purchase on record, after the €111.5 billion bought through Q2 2017. Still, this did not completely negate the net sell-off of €113.5 billion witnessed over Q1.
Net purchases of eurozone debt amounted to €52.9 billion, the highest quarterly total in
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