July 21, 2013

Japanese bought a record 1.1 trillion yen in foreign bonds last week according to MOF

Traditional Japanese house copyright peter hanami 2010

Picture: Traditional Japanese house

"Japanese residents bought a net 1.1 trillion yen foreign bonds last week....the highest level on record since 2005, according to data released by the Ministry of Finance....."US yields have been attractive enough for Japanese investors, but they were waiting until volatility's fall"

Source: Japanese rush to buy foreign bonds by Kosaku Narioka
Wall Street Journal
The Weekend Australian Newspaper
July 20 - 21, 2013, p35

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