Reported 1 day ago
Yen-hedged US bond yields have surpassed zero for the first time in over two years due to the Federal Reserve's interest rate cuts, with the 10-year notes yielding 0.28% after remaining negative since September 2022. Investors show increased interest in US bonds driven by potential foreign exchange gains, even as Japanese yields remain higher. Japan's net purchases of US bonds hit ¥15.1 trillion in the first ten months of the year, amid a weakening yen.
Source: YAHOO