In a notable shift, foreign investors offloaded a net ¥786.9 billion ($5.01 billion) worth of Japanese long-term bonds in the week ending April 25, driven by inflation concerns stemming from rising oil prices. This figure represents a significant increase from the ¥294.7 billion in net sales recorded the previous week. The Bank of Japan (BOJ) opted to maintain interest rates during its recent policy meeting, although three out of nine board members suggested a potential hike, reflecting growing apprehensions about inflationary pressures related to oil price increases. Meanwhile, the yield on 10-year Japanese government bonds surged to a 29-year high of 2.525%, as oil prices reached a four-year peak amid stalled U.S.-Iran peace negotiations. Despite the bond sell-off, foreign investors showed continued confidence in the Japanese stock market, purchasing ¥807.9 billion worth of stocks over four consecutive weeks. Conversely, Japanese investors bought a net ¥41.2 billion in foreign stocks but divested ¥887.7 billion in long-term foreign bonds and ¥263.8 billion in short-term instruments.