Japanese banks and insurers bought ¥5.4 trillion of domestic government bonds over five months while selling ¥2.5 trillion of overseas bonds in September, as the 30-year JGB yield surged to 4.27%.
Jin1010/14, 12:48 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
JPY
Would push up
WeeksMedium confidence
Reduced overseas bond buying and rising JGB yields can cut capital outflows, supporting yen demand.
What could change this
If the repatriation trend reverses or JGB yields stabilize, the yen support could fade.
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since this story
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