[Japan May Have Sold Overseas Securities to Fund Forex Intervention] Odaily Planet Daily News: The overseas securities held by Japan saw a significant decline in May, suggesting that the Japanese government may have utilized overseas assets, including U.S. Treasury bonds, to fund its record-breaking currency market intervention over the past month. According to foreign exchange reserve data released by Japan's Ministry of Finance on Friday, Japan's holdings of overseas securities decreased by $75.6 billion compared to April. As of the end of May, Japan's total foreign exchange reserves dropped to $1.09 trillion. Foreign currency deposits, another potential source of intervention funds, remained largely unchanged at $162 billion. Previously, confirmed reports indicated that Japan's forex market intervention in the month ending May 28 reached a historic high of ¥11.73 trillion (approximately $73.4 billion). (Jin10)