Macro· ★★★· bearish·

Japanese banks sold $16 billion in foreign bonds in September

  • —September marked the ninth consecutive month of net selling, at $16 billion
  • —Nine-month 2026 sales were the highest for the period since 2005
  • —Banks bought $34 billion of JGBs with maturities of two years or more in the five months through August
  • —JGB yields are at their highest in about 30 years
Why it matters: Tighter liquidity and rising Japanese rates pressure risk assets and could accelerate the unwinding of the yen carry trade.
Source: Cryptonews.net