Japanese buy up record US bonds

Japanese investors bought a record amount of foreign bonds last week, Reuters said. Data released on Thursday 12 August showed Japanese investors bought a net 1.859 trillion yen ($16.8 billion) of foreign bonds in the week of Aug. 2-6, in the run-up to the Fed's widely expected decision to lift rates for the second time in four years.

Though the yield on the cash benchmark 10-year Japanese government bonds shot up about 30 basis points to 1.990 percent following the BOJ rate decision in August

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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