Business · Markets · 16 hrs ago
Japan's foreign reserves edge up to $1.179 trillion
Japan's foreign reserves reached $1.179 trillion at the end of October, up 0.06% from the end of September.
The increase was the first in six months.
Falling US long-term interest rates raised the market value of Japan's US bond holdings.
Bonds and other securities made up $834.5 billion of the reserves, an increase of $12.8 billion.
The yield on US 10-year Treasury bonds fell to 4.930% from 5.287% at the end of September.
Japan also held $150.6 billion in deposits with overseas central banks and the Bank for International Settlements.
The figures show how changes in bond prices can affect the reported value of a country's reserves.
Japan’s foreign reserves rose 0.06% from the end of September to $1.1791 trillion at the end of October.
The increase was the first in six months, according to the Finance Ministry.
Lower US long-term interest rates raised the market value of Japan’s US Treasury holdings.
Securities, including foreign bonds, increased by $12.8 billion to $834.5 billion.
Deposits with foreign central banks and institutions including the Bank for International Settlements totaled $150.6 billion.
- Who
- Japan’s Finance Ministry reported the foreign reserves figures.
- What
- Foreign reserves increased 0.06% to $1.1791 trillion at the end of October.
- When
- At the end of October; the figures were announced on November 9, 2026.
- Where
- Japan.
- Why
- Falling US long-term interest rates increased the market value of Japan’s US Treasury holdings.
This story does not have two clearly opposing sides.
Japan’s foreign reserves stood at the previous month-end level used for comparison.
Japan’s foreign reserves reached $1.1791 trillion, up 0.06% from the end of September.
The Finance Ministry announced the foreign reserves figures.
- Foreign reserves
- $1.1791 trillion at end-October
- Monthly change
- Up 0.06% from end-September
- Securities
- $834.5 billion, up $12.8 billion
- Deposits
- $150.6 billion with foreign central banks and institutions including BIS
- US 10-year Treasury yield
- 4.930% at end-October, down from 5.287% at end-September