Japanese Investors Revert To Selling Of Foreign Bonds

The latest round of Japanese weekly international security flow data revealed that Japanese investors more than reversed the net buying of foreign bonds observed over the 2 weeks that came before the latest release, registering the fifth week of net selling in seven (as well as a fourteenth week of net selling in eighteen).

• Elsewhere, international investors were marginal net sellers of Japanese bonds in the latest week, after two straight weeks of net purchases.
• Equity flows were limited, with Japanese investors being small net sellers of foreign equities, while foreign investor flows surrounding Japanese equities were virtually neutral in net terms.