Foreigners Bail Out of Japan Bonds at Record Pace on BOJ Policy
- Withdrawals hit 4.8 trillion yen, an all-time high last week
- Sales come amid growing questions over central bank policy
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Overseas investors sold a record amount of Japanese bonds last week amid growing questions about the Bank of Japan’s capacity to cap yields as rates surge globally.
Withdrawals hit 4.8 trillion yen ($35.3 billion) in the week to June 17, an all-time high, according to data from the Ministry of Finance.