Morningstar data on Tuesday showed Japan bond ETFs have attracted a record $1.5
billion of net inflows year-to-date as rising JGB yields boost investor appeal.
Morningstar senior fixed-income strategist Shannon Kirwin said the sharp rise in
Japanese government bond yields have coincided with increased European demand for
fixed income and investors seeking diversification away from traditional yield
sources such as dollar assets amid uncertainty over the dollar’s safe‑haven
status. LSEG data show Japan’s 10-year bond yield climbed to 2.93% earlier this
month, the highest since the mid-1990s.
