"Japan's $4 Trillion Offshore Funds Unmoved by BOJ's First Rate Hike in 17 Years"
TL;DR
A Bloomberg survey suggests that Japan's $4 trillion offshore funds are likely to remain unaffected by the Bank of Japan's first interest-rate hike since 2007, with only about 40% of respondents expecting Japanese investors to repatriate foreign assets. This is expected to benefit US stocks and bonds, as yield gaps between Japan and other major economies may remain too wide for Japanese investors to cross.
- Japan’s $4 Trillion to Stay Offshore After BOJ Rate Hike Bloomberg
- Japan's $4 Trillion Offshore Funds Will Ignore First BOJ Hike Yahoo Finance
- Why Bank of Japan may shake up markets before Fed’s next interest-rate decision MarketWatch
- BOJ to end negative rates, marking 1st hike in 17 years Nikkei Asia
- BOJ to Lift Short-Term Rate to 0%-0.1% Range on Tuesday: Kyodo Bloomberg
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