Japanese investors extend foreign bond selling to 4th week
In short
Japanese investors sold foreign bonds for a fourth week in a row. So far this year, net outflows have reached 5.34 trillion yen, the biggest since 2022.
This matters because money may be moving back into Japan as local bond yields rise. The report says life insurers are selling only slowly, so the pace of repatriation is still unclear.
What the reporting says
Japanese investors sold foreign bonds for a fourth straight week, taking year-to-date net outflows to 5.34 trillion yen, the highest since 2022. The report said rising domestic bond yields are encouraging capital repatriation, while foreign investors are buying Japanese bonds and equities. The immediate unknown is whether selling by life insurers will remain gradual.
Why it matters
Japanese investors extended a foreign bond selling streak to four weeks, lifting year-to-date net outflows to 5.34 trillion yen, the highest since 2022. The reporting links the move to rising domestic bond yields and says foreign investors are buying Japanese bonds and equities. It also notes that limited selling by life insurers suggests repatriation is happening gradually, not in a sudden shift.