News

BlockBeats News, March 9th. Japanese investors made a massive exodus from the overseas bond market in February, reaching a 16-month high, as the US bond yields fell and Japanese bond yields rose, making domestic bonds more attractive. According to data from the Japanese Ministry of Finance, Japanese investors net sold 3.07 trillion yen ($193.7 billion) of overseas bonds last month, marking the largest single-month net sell-off since they net sold 6.5 trillion yen in October 2024. Among them, Japanese investors sold foreign long-term bonds worth 3.42 trillion yen, hitting a 16-month high, but at the same time, they made net purchases of around 352.1 billion yen of foreign short-term bonds. In February, Japanese investors net bought 642.1 billion yen of foreign stocks, marking the second consecutive month of net purchases. Barclays pointed out that this round of buying was mainly driven by demand related to Japan's Individual Savings Account (NISA). NISA is a Japanese government program for individual tax-exempt stock investments designed to convert trillions of yen in household cash into stock market investments. Another report from the Bank of Japan showed that in January, Japanese investors net bought 279.4 billion yen of US bonds and 660.96 billion yen of European bonds. (Wall Street Journal)

Foresight News reported that Pendle has launched the "One-Click Leverage" feature. This feature allows users to execute PT loop strategies with a single click. The tool supports user-defined parameters such as the number of loops and position reduction conditions, and integrates an automatic reinvestment function, enabling position management and protection within the Pendle application.

Due to the ongoing conflict in the Middle East, the world is accelerating efforts to reduce dependence on local oil and gas, causing coal prices to soar to their highest levels since November 2024. Asian Newcastle coal futures surged by 9.3%, reaching $150 per ton, while crude oil prices during the same period also approached $120 per barrel.