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Japan's NIIP Rises to 460 Trillion Yen
The risk is that if the bank Japan widens trading bans on yield curve control allows for JGB yields to move higher, it will entice Japanese asset allocators to liquidate and repatriate trillions in overseas assets holdings. Now that domestic JGB yields offer some nominal yield at home. Okay. So when you see articles that are dated March and April 2023 of this like looming risk, again, it's already been underway for a year now. And it's not just US Treasuries, right? If you consider the NIIP net international investment position, okay, that's basically how much overseas investmentNet Investment Position (NIIP) has risen from 300 trillion yen to