Foreigners Still Buying Japanese Bonds While Japan Sheds Foreign Equities

The latest round of weekly international security flow data out of Japan revealed (very limited) net selling of foreign bonds by Japanese investors, the 3^rd such instance of net selling in 5 weeks, after a run of 7 consecutive weeks of net purchases prior to that. Japanese investors also recorded a 4^th straight week of net sales of foreign equities, selling the largest net amount of foreign stocks since April in the process. Meanwhile, foreigners lodged another Y1tn+ round of weekly net purchases of Japanese bonds, albeit with the pace slowing a little from the previous week.

Source: MNI - Market News/Bloomberg/Japanese Ministry Of Finance