Fundamental: Yen Bulls Stymied by Relentless Japanese Demand for Foreign Debt

Japanese investors are loading up on overseas debt, a trend that stands to keep yen bulls on the sidelines. Asset managers in Japan bought a net ¥2.7 trillion ($19.8 billion) of overseas debt in the week ending Feb. 17, according to a Friday release. That's the largest net outflow of capital from Japan since Covid shocked global markets in March 2020 and ...     Alert Feb 28, 2023, 12:30pm Fundamental: Yen Bulls Stymied by Relentless Japanese Demand for Foreign Debt Japanese investors are loading up on overseas debt, a trend that stands to keep yen bulls on the sidelines. Asset managers in Japan bought a net ¥2.7 trillion ($19.8 billion) of overseas debt in the week ending Feb. 17, according to a Friday release. That's the largest net outflow of capital from Japan since Covid shocked global markets in March 2020 and ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support