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Japanese investors dump Eurozone bonds at fastest pace in a decade
Posted: Fri Feb 07, 2025 1:50 am
by ChapInTokyo
This FT article re Japanese institutional investors pivoting out of Euro bonds and into JGBs might interest some of you on the board.
Japanese investors dump Eurozone bonds at fastest pace in a decade
Net selling highlights how rising interest rates in Japan are reshaping global markets
Re: Japanese investors dump Eurozone bonds at fastest pace in a decade
Posted: Fri Feb 07, 2025 2:43 am
by Moneymatters
How embarrassing.
I'm no doubt in the minority here but I'm currently without a subscription to the FT.
(I know Smithers is casting me odd looks in the carriage all the way to Pimlico most mornings. Thankfully he's a TWAT* so it's not every day.)
Hate to be
that gentleman, but do you think you could tear yourself away from geo arbitrage for five mins and give us a summary?
I'll still be investing in EMAXIS AC but it's a nice distraction..
* Tuesday, Wednesday And Thursday in office..
Re: Japanese investors dump Eurozone bonds at fastest pace in a decade
Posted: Fri Feb 07, 2025 3:09 am
by Deep Blue
Moneymatters wrote: ↑Fri Feb 07, 2025 2:43 am
How embarrassing.
I'm no doubt in the minority here but I'm currently without a subscription to the FT.
(I know Smithers is casting me odd looks in the carriage all the way to Pimlico most mornings. Thankfully he's a TWAT* so it's not every day.)
Hate to be
that gentleman, but do you think you could tear yourself away from geo arbitrage for five mins and give us a summary?
I'll still be investing in EMAXIS AC but it's a nice distraction..
* Tuesday, Wednesday And Thursday in office..
Net sales by Japanese investors rose to €41bn in the six months to November — the latest figures to be released — according to data released by Japan’s finance ministry and the Bank of Japan and compiled by Goldman Sachs.
The prospect of higher bond yields at home and political upheaval in Europe — including the collapse of Germany’s ruling coalition, leading to elections next month, and turmoil in France, which has been operating under an emergency budget law — have accelerated the sales, said analysts. French bonds were the most sold during the period, at €26bn
Re: Japanese investors dump Eurozone bonds at fastest pace in a decade
Posted: Fri Feb 07, 2025 4:26 am
by ChapInTokyo
Moneymatters wrote: ↑Fri Feb 07, 2025 2:43 am
How embarrassing.
I'm no doubt in the minority here but I'm currently without a subscription to the FT.
(I know Smithers is casting me odd looks in the carriage all the way to Pimlico most mornings. Thankfully he's a TWAT* so it's not every day.)
Hate to be
that gentleman, but do you think you could tear yourself away from geo arbitrage for five mins and give us a summary?
I'll still be investing in EMAXIS AC but it's a nice distraction..
* Tuesday, Wednesday And Thursday in office..
Re: Japanese investors dump Eurozone bonds at fastest pace in a decade
Posted: Fri Feb 07, 2025 4:30 am
by Tsumitate Wrestler
Junky rehosting
https://slguardian.org/japanese-investo ... -a-decade/
Is this not rather obvious though?
Of course rising domestic yield will lead to a selloff in lower interest foreign bonds facing rising currency and political risk?
The "decade" since "x-time" labeling is simply because Japanese rates have been static for so long. Needlessly dramatic.
I wonder how many retail investors actually hold French bonds directly?