Japanese investors sell overseas bonds for second straight week
Japanese investors sold foreign bonds for a second straight week through August 29, selling a net 824 billion yen ($5.20 billion), citing high inflation and expectations of higher interest rates.
Japanese investors sold foreign bonds for a second straight week through August 29, adding to signs that demand for overseas debt is weakening as persistently high inflation and expectations of higher interest rates roil global bond markets.They sold a net 824 billion yen ($5.20 billion) of foreign…