Japanese investors acquired 1.85 trillion yen or about US$12.72bil in long-term overseas bonds during the week. — Reuters
Tokyo: Japanese investors increased their purchases of overseas bonds in the week to Aug 17, as diminishing worries about rapid rate hikes by the Bank of Japan (BoJ) soothe concerns over a strengthening yen and its negative impact on carry trades.
Some analysts said investors were also taking advantage of a stronger yen to purchase foreign bonds, following a sharp rally in the currency in the past month.
