Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Japan Dumps US Debt In Longest Streak Since June 2013
As you're no doubt aware, Japanese investors have been dumping US debt.
"Data from Japan’s Ministry of Finance confirmed this past week that Japanese investors sold around ¥1.3 trillion ($11.52 billion) in foreign bonds between Jan. 21 and Jan. 28, taking net sales for the past 12 weeks to more than ¥3.7 trillion, the largest amount since April 2014," WSJ wrote "way" back in January.
Here's a snapshot from last month broken down by investor type:
(Deutsche Bank)
Well, just moments ago,
3 months is a long streak? who doesnt want US debt?: anyone trying to keep their currency stable (not further down) relative to the US$, so as to avoid inflationary pressures while their economy is barely registering a pulse (what we call ‘growth’ in todays era of geritocracy)