More easily than in the past, he can shift money quickly into foreign bonds, and he has.

But the receipts have never been used for foreign bonds.

Much of it is going into funds that buy foreign bonds.

The bonds, both American and foreign, are all government issues.

Maybe you've had some luck with these foreign bonds that every one is talking about?

Americans can use this strategy, too, even though some foreign bonds have higher yields.

The Government hopes that with more choice in how to account for foreign bonds, companies will buy more.

The figures show that Americans bought a net $168.9 billion of foreign bonds over the 12-month period.

A year ago, 70 percent was in foreign bonds.

The lesson: individual foreign bonds may be risky, but they are not alone.