Mrs Watanabe on a tear into Aussie bonds?

Thursday, 19 June 2014

The Japanese Ministry of Finance (MOF) released its International Transactions in Securities data for the week ended June 13 today and Mrs Watanabe is tearing it up in foreign bonds to the tune of Y 638.2B. Chart from ForexLive:

It’s fair bet some of that is coming here and inflating ye-auld dollar.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.