JAPANESE investors net sold foreign bonds for the second consecutive month in July, deterred by declining US bond yields amid heightening expectations of an imminent Federal Reserve rate cut to support the faltering economy.
According to data from Japan's Ministry of Finance, they offloaded 1.49 trillion yen ($10.12 billion) in long-term overseas bonds following a substantial net disposal of 3.35 trillion yen in the previous month, and also shed approximately 17 billion yen in short-term instruments.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.