🇯🇵JUST IN: Japanese bonds are being DUMPED, as foreign money swung by ¥3.6 TRILLION in a single week. Foreign investors pulled ¥1.34 TRILLION out of Japanese bonds last week, after putting ¥2.24 TRILLION in the week before, per Japan's Ministry of Finance. Japanese investors also sold ¥684.5 BILLION of foreign bonds over the same week. Japan is the largest foreign holder of US government debt, with about $1.2 TRILLION in Treasuries. It comes as US Treasuries just posted their worst month in four years, and Japan's 10-year yield sits near its highest level since 1996. The yen is also weak, trading near 157 per US dollar.