Japan’s Foreign Bond Selling Accelerates as Net Outflows Deepen to ¥945.4B

Japan’s appetite for foreign bonds weakened further, with the latest data showing a sharper pace of net selling. According to figures updated on 01 April 2026, net purchases of foreign bonds fell to -¥945.4 billion, down from a previous level of -¥635.1 billion.

The move deeper into negative territory indicates that Japanese investors were net sellers of overseas debt on a larger scale than before, suggesting growing caution toward foreign fixed-income markets or a shift back toward domestic assets. The widening outflow may reflect changing expectations around global interest rates, currency movements, or risk sentiment, and will be closely watched by markets for its potential impact on capital flows and the yen.