Japan new investment safe haven? (Financial Times)

Foreign holdings of government debt at record high.

Those institutional investors tired of the Eurozone volatility are looking to Japan as a sovereign investment. Foreign holdings have risen to a record high, where ownership of Japanese government bonds stood at 8.3% of the total, according to the Bank of Japan. Foreign flows continue to clime higher, with Finance Ministry data showing net foreign flows in to medium and long-term JGBs totaled roughly $28 billion since early April.  Accounting for volatility, Japan’s debt maturing in more than a year has returned 1 per cent so far this year, which is higher than either U.S. bonds or German bunds.

Full Financial Times story.

About the Author

Ginger Szala

Ginger Szala

Ginger Szala is the former editor-in-chief and publisher of Futures Magazine Group. She has reported on and written about the global derivatives and managed funds business for the past 32 years. Today she is a freelance journalist, business writer and media consultant.

She received a master's degree in journalism at Northwestern University's Medill School of Journalism.

You can follow her on Twitter @gingerszalaink or e-mail her at: gszala@gingerszalaink.com

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