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Facing pressure from Japan (worried about the strong yen) to stop purchasing JGBs, China - as it...

  • Wednesday, February 8, 2012, 10:46 AM ET
    Facing pressure from Japan (worried about the strong yen) to stop purchasing JGBs, China - as it does with the U.S. - looks to have channeled its buys through the U.K. Officially, China reduced its holdings of Japanese paper by $45B in 2011, but Japan shows $880B in unaccounted purchases from the U.K. - it's likely at least some of that is from China.
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