While the yen has already seen a strong rebound from its October low, expectations for further gains make it unlikely Japanese investors will rush back into foreign securities.
Money managers in Japan see conservative buyers like life insurers helping the country reaffirm its position as the biggest foreign holder of Treasurys after heavy selling in recent months.
The COVID-19 pandemic is fueling a surge in currency trading by retail investors, who are discovering that working from home means they can moonlight in the market during the daytime. Trading volume in margin accounts held by individuals more than doubled last month, just as ...
