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TODAYS TOP STORIES
Foreign holdings of US debt hit record in November
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) -- Foreign demand for U.S. Treasury securities rose to a record level in November, further evidence that overseas investors remained confident in U.S. debt despite looming budget battles in Washington.
The Treasury Department says foreign holdings of U.S. Treasurys rose 0.6 percent in November from October to $5.56 trillion. It was the 11th consecutive monthly gain.
China, the top foreign holder, increased its portfolio by $200 million to $1.17 trillion. Japan, the second-largest holder, boosted its investments by $900 million to $1.13 trillion.
Demand kept rising even as Congress neared a deadline to raise its $16.4 trillion borrowing limit. The government reached its borrowing limit on Dec. 31, but began using bookkeeping maneuvers to keep operating. The Treasury is expected to exhaust those measures by mid-February to early March.
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Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Posted: Thursday, January 17 2013, 05:54 PM CST
IN OKLAHOMA NEWS
Line of storms brings flash floods to OKC area
May 23, 2013 12:50 GMT
OKLAHOMA CITY (AP) -- The National Weather Service says a slow-moving storm system over central Oklahoma is causing flash flooding.
Forecasters suggested people delay travel in the Oklahoma City area Thursday morning because street closures were expected because of high water.
The area was under a severe thunderstorm warning for a time early Thursday.
The weather service says there is a slight risk severe of thunderstorms into the afternoon in a broad section of western Oklahoma. Hail up to the size of tennis balls and winds of up to 70 miles per hour are possible. There is also a possibility of tornadoes in the risk area.
OKLAHOMA HEADLINES
Line of storms brings flash floods to OKC area
International leaders in energy touring Oklahoma
Alcohol, speed in boat crash fatal to students
Sioux Falls debates fed aid for storm recovery
Line of storms prompts OKC severe T-storm warning
House passes GOP bill to speed pipeline approval
Suspect caught in series of Stillwater robberies
Officials warn residents to guard against fraud
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OKLAHOMA WEATHER
61°
From the FOX 25 First Forecast Center..
Good morning everyone...Not expecting organized severe weather but showers and t'storms from time to time could hamper tornado relief efforts. ...
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