Japanese Bonds Draw Largest Foreign Inflow in Eight Months
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Foreign investors bought the most Japanese bonds in eight months last week as rising yields attracted overseas demand.Net purchases totaled ¥1.41 trillion ($9.1 billion), the largest since the period ended April 11, preliminary Ministry of Finance data showed Thursday. Demand was also evident in the Dec. 11 auction of 20-year notes, where the bid-to-cover ratio climbed to a five-year high.