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Alternative Investments

Japan pension funds purchase foreign bonds at record levels


High stock prices, rising interest rates, weak yen spur rebalances of portfolios

20260617N Forex

Japanese pension fund managers are boosting their investments in foreign bonds to keep their portfolios stable. © Reuters

TOKYO — Japanese pension funds are stepping up investments in overseas bonds as the combination of soaring global equities prices, the weakening yen and rising interest rates leads them to rebalance their portfolios.





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