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To: John Hunt who wrote (27957)2/10/1999 7:20:00 AM
From: John Hunt  Respond to of 116753
 
Japan investors sold overseas bonds heavily in Jan

<< Japanese investors were heavy sellers of foreign bonds and share holdings last month, indicating that Japan's rising long-term interest rates are sparking a repatriation of funds before the financial year ends in March.

According to data released on Wednesday by Japan's Ministry of Finance, net sales of foreign bonds by Japanese investors, based on contracts, totaled 676.1 billion yen in January after net purchases of 970.4 billion yen a month earlier.

Investors were also net sellers of foreign stocks, with net sales of 246.1 billion yen for the month. -- cont'd -- >>

biz.yahoo.com




To: John Hunt who wrote (27957)2/10/1999 7:31:00 AM
From: John Hunt  Read Replies (1) | Respond to of 116753
 
Who is in the Hen House? - Professor von Braun

<< It is a fact that we are living in very interesting times. The antics of such entities as the IMF, the Federal Reserve and various European Government leaders as they come to grips with what their predecessors created, the new European Central Bank, only serve to confirm that this fact is indeed true. Japan also helps to confirm this as it tries to legislate it's way out of a recession.

Politics and banking are bedfellows and sometimes its difficult to determine which is which and who assumes what gender role. Often the participants get confused themselves and politicians try to behave like bankers and bankers try to behave like politicians. When this happens trouble has either occurred or it is about to. In fact when politicians start behaving like bankers it is almost guaranteed that trouble has already set in. The clues often come from what they say, whom they say it to and where they say it. -- cont'd -- >>

fiendbear.com