1007 days ago • Posted by Martin Boujol
Foreigners are piling up in Japanese bonds, near-record buys
Foreign investors purchased a near-record high of $37 billion (4.06 trillion yen) worth of Japanese bonds last months, just shy of the previous record of 4.43 trillion yen in December 2018. Overseas buyers using cross-currency basis swaps can enhance yields beyond what’s offered by positive yielding domestic debt. Source: Bloomberg, JSDA, Yahoo Finance
