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Hunting for Signs of US dollar shortages in Japan [Ep. 266, Eurodollar University]

Eurodollar University

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The Bank of Japan Owns a Huge Part of the Short Term Bond Market

The bank of japan owns a huge chunk of the g g b market, but they own very little of the bill market. Foreigners have been buying these short term government instruments which are yielding only negative rates. About a third i owned by japanese bank, and the majority, 55 %, were held by foreigners. Yet in 20 ten, the proportion owned by foreigners as about 15%.

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