Japanese Capital Flight from Foreign Bonds Accelerates
Japanese investors sold $1B in foreign long-term bonds last week, marking five consecutive weeks of selling and a cumulative $22B outflow — the longest streak in four years, raising concerns about global bond market stability.
What we know
The Kobeissi Letter data amplified by an account on X shows Japanese investors selling -$1B in foreign long-term bonds for the week ending October 17th. This is the 5th consecutive week of outflows, the longest such streak in four years, totaling -$22B cumulatively. This dynamic is being watched closely by macro traders given Japan's historical role as a major foreign holder of U.S. Treasuries and the potential signaling for global rate pressures.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.