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Why did India suddenly make massive purchases of US Treasuries? July net purchase hit a record $15.2 billion, with a special swap mechanism as the key factor
Benefiting from a special arrangement by the Reserve Bank of India to attract overseas capital, India purchased a record amount of US Treasury bonds in July due to large capital inflows.
Japanese banking industry warns: rising Japanese bond yields may trigger writedowns and profit shocks
Japanese government bond yields may continue to rise, putting banks at risk of asset write-downs and profit losses.
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