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Trump tariff worries spur record overseas demand for JGBs

(Reuters) -The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search of other safe havens as President Donald Trump's aggressive tariffs sparked concerns of a U.S. recession. Overseas investors scooped up some 2.18 trillion yen ($15.49 billion) of JGBs with maturities of more than 10 years in March, figures released by the Japan Securities Dealers Association showed on Monday, the largest amount since the data series started in April 2004. Trump ramped up levies over the course of last month, including a 25% tariff on cars and parts, in the runup to his April 2 announcement of sweeping duties that sent global markets into a broad tailspin.

(Reuters) -The longest-dated Japanese government bonds attracted record foreign demand last month as money shifted out of U.S. debt in search of other safe havens as President Donald Trump's aggressive tariffs sparked concerns of a U.

S. recession. Overseas investors scooped up some 2.

18 trillion yen ($15.49 billion) of JGBs with maturities of more than 10 years in March, figures released by the Japan Securities Dealers Association showed on Monday, the largest amount since the data series started in April 2004. Trump ramped up levies over the course of last month, including a 25% tariff on cars and parts, in the runup to his April 2 announcement of sweeping duties that sent global markets into a broad tailspin.

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