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Japan’s Foreign Reserves at $911.14 Billion in May, Down $4.49 Billion

June 8, 2007
By Ken Worsley


Yesterday, the Ministry of Finance announced that the value of Japan’s foreign reserves decreased by $4.49 billion in May, to $911.14 billion. This was the first fall in five months, and comes on the heels of April’s third consecutive record-setting increase.

Good news if you’re holding US Treasury Bonds…Quick quiz: When was the last time the 10 year yield finished above 5 percent?

Filed Under Finance, Foreign reserves 

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Comments

One Response to “Japan’s Foreign Reserves at $911.14 Billion in May, Down $4.49 Billion”

  1. Marc on June 8th, 2007 11:54 am

    I guess they should have put more in Euro-denominated assets.

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