"Japan's $4 Trillion Offshore Funds Unmoved by BOJ's First Rate Hike in 17 Years"

A Bloomberg survey suggests that Japan's $4 trillion offshore funds are likely to remain unaffected by the Bank of Japan's first interest-rate hike since 2007, with only about 40% of respondents expecting Japanese investors to repatriate foreign assets. This is expected to benefit US stocks and bonds, as yield gaps between Japan and other major economies may remain too wide for Japanese investors to cross.