Japan’s Investors Sell Most Overseas Bonds Since 2024 Last Month

Japanese investors sold the largest amount of overseas bonds since 2024 last month, as market watchers scrutinize flows for signs that higher domestic yields were triggering repatriation.

Net sales totaled ¥3.42 trillion ($21.8 billion) in February, based on preliminary weekly figures from the Ministry of Finance released on Thursday. That’s the largest monthly sale since October 2024, according to separate balance-of-payments data. The bulk of the sales took place in the week ended Feb. 20.