TOKYO -- Japanese investors dumped foreign bonds at a record pace in 2022, ending a yearslong buying spree as increased currency hedging costs eat into returns from overseas assets.
Bonds
Japanese investors dump foreign bonds in return to domestic market
Mounting currency costs prompt shift that could push down Japan long rates
The rise in currency hedging costs means Japanese investors currently stand to lose money from investing in 10-year U.S. Treasurys. © Reuters
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