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Japanese net buying of foreign bonds slows in latest week

From reuters.com

Japan's longest foreign bond-buying binge since November continued last week, according to data released on Thursday, but Japanese investors' appetite for overseas debt faded. Japanese buyers took in a net 233.2 billion yen ($2.37 billion) of foreign bonds in the week through July 27, the fourth straight week of net purchases, capital flows data compiled by the Ministry of Finance showed. But net buying slumped from 601.4 billion yen in the previous week and 1.109 trillion yen the week before, which was the largest amount since September 2012. Some Japanese investors looked for higher returns abroad as the Bank of ... (full story)

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