TOKYO: Japanese investors sold a record amount of foreign bonds on a net basis last week, offloading nearly US$23bil’s worth, amid concerns over US lawmakers might not reach a deal to raise the federal debt limit by mid-October and avoid a historic default.
Japanese investors sold a net 2.226 trillion yen (US$22.9bil) in foreign bonds in the week through Oct 5, Ministry of Finance data released on Thursday showed.
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