-- Japanese investors sold the largest amount of foreign debt in nine years amid a shift in global central bank policy.Net sales totaled ¥2.65 trillion in the week through June 7, the most since April 2015, preliminary figures from Japan’s Ministry of Finance showed on Thursday. That followed purchases of ¥2.3 trillion in May. Last week saw an interest-rate cut by central banks in the euro zone and Canada as well as weak US data on manufacturing and job openings.
“JGB yields were rising toward the end of last month, and local auctions last week met strong demand,” he said. -- Federal Reserve officials may not be ready to finalize closely watched projections for interest rates until the publication of a key report on consumer prices on the final day of their two-day policy meeting.
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