TOKYO -- Overseas investors snapped up Japanese bonds at a record pace for the week ended March 18, data published Friday by the Financial Ministry shows, as a recent move by the Bank of Japan forced short sellers to square their positions.
Bonds
Japanese bond purchase by overseas investors hits weekly record
BOJ efforts to curb short selling help push yield to 3-month low
The Bank of Japan has been trying to discourage short selling of Japanese government bonds. © Reuters
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