Japan Snapping Up Foreign Bonds At Record Pace

Japanese investors went on a foreign bond purchasing spree in the January-September period, with net buying jumping 60% on the year to 20.94 trillion yen, far above the full-year record of 15.85 trillion yen set in 2005, according to Nikkei. The major buyers are the banking sectors who accounted for about 60% of the period's foreign debt purchases.