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The latest round of weekly Japanese...........>

JAPAN
JAPAN: The latest round of weekly Japanese international security flows data saw
Japanese purchases of foreign bonds pick back up, as they purchased a net
Y1.014tn worth of foreign paper, the 6th week in 7 that has resulted in
purchases of foreign bonds.
- Looking at potential targets for capital allocation, 10-Year French, Spanish
and Italian government bond yields continue to offer higher yields than 30-Year
JGBs on a FX hedged basis, from the perspective a Japanese investor, while FX
hedged 10-Year UK Gilts now offer a higher yield than 10-Year JGBs.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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