B · Normal
[Japan may sell U.S. debt to fund record-breaking yen intervention] September 7th: In the past month, Japan may have sold off some overseas securities assets, including U.S. Treasury bonds, to raise funds for its record-breaking yen exchange rate intervention. Japan's Ministry of Finance reserve data shows that the scale of overseas securities held by Japan at the end of August dropped significantly by US$87.8 billion from the previous month, a decline that hit a record high. Analysts believe that Japan is likely to sell short-term U.S. debt. This move can reduce the impact on long-term yields and try to avoid causing dissatisfaction in the United States.
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