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Japan Yields Rise Sparks Repatriation Risk Debate

Bloomberg Markets •
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Japanese government bond yields near three-decade highs are reviving concerns among global investors about the potential repatriation of Japan's vast overseas capital. While there is currently little sign of a rush, some money managers believe markets are underpricing how quickly this could change as JGBs become more attractive. A modest shift in capital flows could significantly impact the yen and global bond markets, according to analysts.