Looking ahead, with yields on benchmark 10-year Japanese government bonds now back to 0% and rising, the Bank of Japan could even expand on its quantitative easing program to maintain its 0% target, Robert Bush, ETF Strategist at Deutsche Asset Management, told ETF Trends.
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“Another positive is that selling by foreign investors has slowed. Credit Suisse is confident that stocks could rise once foreigners become net buyers as historically, ‘when sentiment among foreign investors does change toward Japan, it has tended to be extremely impactful,’” according to Reuters.
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iShares MSCI Japan ETF