Latest news with #GermanBonds
Reuters
4 hours ago
- Business
- Reuters
Japanese investors sell most German bonds since 2014 in April
LONDON, June 9 (Reuters) - Japanese investors launched their largest monthly sell-off of German bonds in over a decade in April, data showed on Monday, a month after Germany's borrowing costs shot up in reaction to a debt-rule overhaul to ramp up spending. Japanese investors sold nearly 1.5 trillion yen ($10.4 billion) of German bonds after accounting for purchases, according to data released by Japan's finance ministry, which Commerzbank said was the most since 2014. Germany's decision to create a 500 billion euro ($546 billion) infrastructure fund and ease strict borrowing rules to boost defence spending sent its bond yields surging in March. Japan's investors also sold nearly 1.1 trillion yen in long-term U.S. Treasuries, the data showed, the most since October, according to Commerzbank. U.S. Treasury yields were whipsawed in April following U.S. President Donald Trump's so-called Liberation Day tariff announcements. They surged over 70 basis points (bps) in one week in April, raising questions about the safe haven status of the world's biggest government bond market. German bond yields, meanwhile, dropped sharply that month as the market stood out as a safe-haven for investors amid U.S. Treasury volatility. Japanese investors are the biggest foreign holder of U.S. Treasuries and a major holder of euro zone government bonds, so shifts in their investments are tracked closely by markets. ($1 = 144.1300 yen)
CNA
4 hours ago
- Business
- CNA
Japanese investors sell most German bonds since 2014 in April
LONDON :Japanese investors launched their largest monthly sell-off of German bonds in over a decade in April, data showed on Monday, a month after Germany's borrowing costs shot up in reaction to a debt-rule overhaul to ramp up spending. Japanese investors sold nearly 1.5 trillion yen ($10.4 billion) of German bonds after accounting for purchases, according to data released by Japan's finance ministry, which Commerzbank said was the most since 2014. Germany's decision to create a 500 billion euro ($546 billion) infrastructure fund and ease strict borrowing rules to boost defence spending sent its bond yields surging in March. Japan's investors also sold nearly 1.1 trillion yen in long-term U.S. Treasuries, the data showed, the most since October, according to Commerzbank. U.S. Treasury yields were whipsawed in April following U.S. President Donald Trump's so-called Liberation Day tariff announcements. They surged over 70 basis points (bps) in one week in April, raising questions about the safe haven status of the world's biggest government bond market. German bond yields, meanwhile, dropped sharply that month as the market stood out as a safe-haven for investors amid U.S. Treasury volatility. Japanese investors are the biggest foreign holder of U.S. Treasuries and a major holder of euro zone government bonds, so shifts in their investments are tracked closely by markets. ($1 = 144.1300 yen)
Bloomberg
7 hours ago
- Business
- Bloomberg
German Sovereign Bonds See Largest Japanese Selloff Since 2014
Japanese investors sold the largest amount of German sovereign bonds in a decade in April, the month after fiscal concerns spurred a selloff of the European nation's debt. Net sales totaled ¥1.48 trillion ($10.2 billion), the most since 2014, the latest balance-of-payments data from the Asian nation's Ministry of Finance showed on Monday. That was also the largest among the 12 sovereign bond markets tracked by the ministry, referring to debt securities issued by governments, their agencies and local authorities.
