• Traders work on the floor of the New York Stock Exchange in New York. Japanese funds sold a record $34 billion of foreign bonds in the two weeks ended Feb. 26 as the nation’s fiscal year-end in March approaches — enough to cause reverberations in U.S. repurchase markets for 10-year Treasuries. | BLOOMBERG
    Traders work on the floor of the New York Stock Exchange in New York. Japanese funds sold a record $34 billion of foreign bonds in the two weeks ended Feb. 26 as the nation’s fiscal year-end in March approaches — enough to cause reverberations in U.S. repurchase markets for 10-year Treasuries. | BLOOMBERG

  • Bloomberg

  • SHARE

Bond bulls hoping Japan’s deep-pocketed investors can arrest the global debt rout are in for a surprise — they are furious sellers, to a degree that’s causing problems for crucial parts of the market’s plumbing.

Japanese funds sold a record $34 billion of foreign bonds in the two weeks ended Feb. 26 as the nation’s fiscal year-end in March approaches — enough to cause reverberations in U.S. repurchase markets for 10-year Treasuries.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)

, , , ,