Japanese Investors Offload Most German Bonds Since 2014

Japanese investors sold the largest amount of German government bonds in a decade in April as the securities rebounded from a selloff the previous month spurred by fiscal concerns.

Net sales totaled ¥1.48 trillion ($10.2 billion), the most since 2014, the latest balance-of-payments data from the Asian nation’s Ministry of Finance showed on Monday. That was also the largest among the 12 sovereign bond markets tracked by the ministry, referring to debt securities issued by governments, their agencies and local authorities.