The Traderszone Network

Published in TZ Latest News 1 August, 2021 by The TZ Newswire Staff

Japan’s government pension funds cut its weighting of US bonds by a record amount

Japan’s Government Pension Investment Fund (GPIF) slashed its US government bonds and bills holding to 35% of overseas debt
Data via a Bloomberg calculation. GPIF boosted its holdings of European sovereign bonds, rather than selling Treasuries.