A report from the Securities Industry Association indicates that U.S. investors bought a record amount of foreign securities in 1993, and bond market experts expect that trend to continue though 1994.

Against the backdrop of declining interest rates worldwide, capital flows between the United States and foreign markets in 1993 reached levels that only a few years ago would have been thought impossible, according to SIA economists Jeffrey M. Schaefer and David Strongin, director of international finance.

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