Japanese Offload Record Dutch Sovereign Debt, Sell Treasuries
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Japanese investors sold a record amount of Dutch sovereign securities in February amid speculation debt prices will fall globally as the Federal Reserve continues to reduce purchases of U.S. securities.
Net sales of 226.3 billion yen ($2.2 billion) were the most for the Netherlands’ debt since comparative data became available in 2005 from Japan’s Ministry of Finance, which reported the February figures today. Japanese investors sold a net 395.1 billion yen of Treasuries that month after offloading 670.1 billion yen in January. That was the first back-to-back reduction in their holdings since June.