Japanese investors net sold foreign bonds for the second consecutive month in July, deterred by declining bond yields in the United States amid heightening expectations of an imminent rate cut by the U.S. Federal Reserve to support the faltering American economy. Net sellers According to data from Japan’s Ministry of Finance, Japanese investors offloaded 1.49 trillion yen in long-term overseas …
Finance Minister Nirmala Sitharaman on Saturday urged Japanese investors to expedite their plans for investment in the country and consider new sectors such as hydrogen, AI and renewable energy, stressing that their past outlays in India had yielded good outcomes without any friction with joint venture partners. Noting that Japanese firms have been “prudent investors” involved with signature projects such …
The sharp rise in Treasury yields in recent weeks looked like a test of whether the Federal Reserve can keep interest rates low after the economy regains its footing. Dai-ichi Life Insurance Co., one of Japan’s major insurance firms, said it had been selling some U.S. Treasurys and reinvesting in sovereign and corporate bonds in other currencies. Some of the …
