Overseas investors continue Japan bond sales even as BOJ stands pat

Speculation for monetary policy shift continues to grow

20230208N BOJ

Inflation and distortions in the bond market are seen pressuring the Bank of Japan to adjust its policy. © Reuters

YASUHA MINAMI, Nikkei staff writer

TOKYO -- Foreign investors have largely continued their selling of Japanese government bonds even after the Bank of Japan held its yield cap steady in January, as more players consider a shift to a tighter monetary policy to be inevitable.

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