Record Outflows Hit Japanese Equity Funds Amid Rising Yield Concerns

TL;DR;

Japanese equity funds experienced a record net outflow of $11.8 billion last week, leading to a 4-week moving average outflow of $4.0 billion, an all-time high. Concerns over rising Japanese government bond yields contributed to this, while US stock funds also saw significant withdrawals. Global equity funds experienced the largest net outflows of the year as investors took profits.