You are here


Japanese investors sell overseas debt on Fed hike expectations


JAPANESE investors sold overseas debt for the first time in seven weeks as the Federal Reserve moved closer to raising interest rates.

Fund managers cut holdings of bonds outside the nation by a net 549.4 billion yen (S$6.95 billion) in the week ended May 27, the Ministry...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to