Japanese investors net-bought ¥18.8 tln of government bonds in the six months to Sept. 30 (about $119 bln), the largest inflow since 2009, the Japan Securities Dealers Association said Tuesday. Trust banks — commonly acting for pension funds — accounted for nearly half of the purchases and banks about one-third; some analysts say the buying reflects pension funds rebalancing to restore target allocations.

2026-10-20

Japanese investors net-bought ¥18.8 tln of government bonds in the six months to Sept. 30 (about $119 bln), the largest inflow since 2009, the Japan Securities Dealers Association said Tuesday. Trust banks — commonly acting for pension funds — accounted for nearly half of the purchases and banks about one-third; some analysts say the buying reflects pension funds rebalancing to restore target allocations.