Japanese investors sell foreign bonds for third straight week
In short
Japanese investors sold foreign bonds for the third week in a row as Treasury yields rose. The report says higher US and domestic yields made local bonds look better, and Japanese stock buying also picked up.
This matters because it can change demand for bonds and stocks in Japan and abroad. The report does not give the size of the flows or say how long the shift will last.
What the reporting says
Japanese investors sold foreign bonds for a third straight week as Treasury yields jumped, according to a publisher-supplied market summary. The report says higher US Treasury yields and rising domestic yields made local bonds more attractive, while Japanese stock buying picked up and foreign buying of Japanese long-term bonds recovered. The exact amounts and whether the shift will continue were not stated in the available reporting.
Why it matters
Japanese investors reduced holdings of foreign debt for a third straight week in the latest reported market shift, while higher Treasury yields and stronger domestic yields made Japanese bonds more appealing. The same summary says Japanese stock purchases rose and foreign investment into Japanese long-term bonds recovered. The reporting does not provide flow amounts, exact dates, or a named official source.