Warren Buffett's Japan Bets: Selling Yen Debt and Dumping TSMC Stake Amid Political Fears and War Threats

Berkshire Hathaway, the conglomerate led by Warren Buffett, sold $1.2 billion of yen bonds just days after announcing increased holdings in Japanese trading houses. The five-part bond deal included notes as short as three years and as long as 2053, with an annual interest rate of 2.325%. Berkshire Hathaway is one of the largest overseas issuers of yen debt and lured investors with stronger credit ratings than the Japanese sovereign. The proceeds will be used for general corporate purposes, including refinancing some debt.