Foreign yen bond sales hit a record $16 billion.

Japanese investors’ money is now financing overseas borrowers caught in the global AI funding blitz.

Alphabet raised yen in May, followed by Hon Hai and Zurich Insurance, as hyperscalers’ global fundraising spreads to Japan.

The Bank of Japan decides on rates on 18 December.

How each outlet framed it
Nikkei Asia
ties the yen-bond record to hyperscaler AI fundraising, naming Alphabet, Hon Hai and Zurich Insurance as foreign issuers tapping Japanese investors

Sources: Nikkei Asia