Trump tariff worries spur record overseas demand for JGBs By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 21 2025
0mins
Source: Investing.com
Record Foreign Demand for Japanese Bonds: In March, foreign investors purchased a record 2.18 trillion yen ($15.49 billion) of long-dated Japanese government bonds (JGBs) as concerns over U.S. tariffs and potential recession prompted a shift from U.S. debt to safer assets.
Market Volatility Impacting Yields: The yield on 30-year JGBs fluctuated significantly due to tariff-related news, reaching a peak of 2.63% mid-month before declining amid increasing market volatility, with local insurers also selling off super-long JGBs.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.





