TOKYO -- Japanese investors are building up holdings of U.S. and Chinese bonds, as the Federal Reserve looks increasingly ready to cut interest rates next month and China's central bank lowers borrowing costs to support the economy.
Yen outlook holds key to Japanese investors' moves for rest of 2024
Japanese purchases of foreign debt securities have hit a three-month high. © Reuters
TOKYO -- Japanese investors are building up holdings of U.S. and Chinese bonds, as the Federal Reserve looks increasingly ready to cut interest rates next month and China's central bank lowers borrowing costs to support the economy.