Berkshire Plans to Sell First Yen Bonds Since BOJ Move
- Offering spurs speculation Buffett may raise Japan investments
- Yen credit spreads have fallen on signs BOJ won’t rush to hike
Spreads on yen-denominated bonds from both Japanese and overseas issuers have tightened to the lowest since September 2022.
Photographer: Kentaro Takahashi/Bloomberg
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Warren Buffett’s Berkshire Hathaway Inc. is planning to sell yen bonds in the global markets, fueling speculation that the billionaire is weighing more investments in Japan.
The US conglomerate mandated banks for a potential benchmark SEC-registered bond offering, according to a person familiar with the matter. The deal may come in the near future, subject to market conditions.