(Bloomberg) -- The yen erased an advance against the
dollar and euro on speculation Japanese investors keep sending
money abroad in search of higher returns.
Japan's currency retreated after a government report today
showed domestic investors last week bought the most foreign bonds
in three. The yield spread between benchmark two-year U.S. and
Japanese bonds held near a three-month high.
Read more at Bloomberg Currencies News
dollar and euro on speculation Japanese investors keep sending
money abroad in search of higher returns.
Japan's currency retreated after a government report today
showed domestic investors last week bought the most foreign bonds
in three. The yield spread between benchmark two-year U.S. and
Japanese bonds held near a three-month high.
Read more at Bloomberg Currencies News
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