FX.co ★ Japan Swings Back to Foreign Bonds With ¥1.64 Trillion Net Buying in Latest Data

Japan’s appetite for overseas debt securities has rebounded sharply, with the latest “Foreign Bonds Buying” data showing a net purchase of ¥1,640.7 billion, compared with a previous net selling position of ¥887.7 billion. The figures, updated on 13 May 2026, highlight a significant turnaround in Japanese investors’ behavior toward foreign bonds.

The shift from substantial net selling to strong net buying suggests renewed demand for foreign fixed-income assets, potentially reflecting changing views on global yields, currency expectations, or relative returns versus domestic bonds. While the data alone does not reveal the underlying drivers, the magnitude of the move underscores that Japanese institutional and retail investors have materially increased their exposure to overseas bond markets over the latest period reported.