U.S. and China’s economy brewing decoupling, strong country buying Japanese bonds surged more than 3 times year-on-year.
Japan’s Ministry of Finance, the Bank of Japan (BOJ) data show that the strong between April to July this year, a net purchase of 1.46 trillion yen of medium- and long-term Japanese bonds (JGB), which is 3.6 times as much as the same period last year, making the strong became Japan’s second largest debtor, second only to the United States (the same period to buy 2.77 trillion yen, but only an annual increase of 30%).
The news comes at the same time, Japan, India, Australia and the United States Foreign Ministers are meeting to study the possibility of setting up a “small Asian NATO”, so the powerful countries to buy large amounts of Japanese bonds is not really safe.
It is advisable for powerful countries to buy North Korean bonds in bulk, or else their “good friends” such as Asia, Africa and Latin America or Russia are also an option!
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