(The Star)
Japanese investors sold a record amount of foreign bonds late last month, with banks seen dumping U.S. bonds, although market participants expect buying to resume when the new financial year starts next month.
Data from the Ministry of Finance showed this week Japanese investors sold a total of 3.6 trillion yen ($33.4 billion) of foreign bonds during the second and the third week of February.
That was their biggest net selling in any two-week period since the ministry started collecting data in 2005, almost cancelling out their constant net buying since the start of the year.
