Offshore Investors Bought Japanese Bonds & Sold Japanese Stocks Last Week

A quick look at the latest round of weekly international security flow data out of Japan revealed another week of net selling of foreign bonds on the part of Japanese investors, while the same cohort were once again net buyers of foreign equities (the net size of both of these rounds of flows wasn’t anything spectacular).

• Meanwhile, more interest will fall on foreign investors’ net flows surrounding Japanese assets. Foreign investors deployed the largest round of net weekly buying of Japanese bonds since early December, while foreign net sales of Japanese equities hit the highest level observed since September.