Mizuho Securities pointed out that Japan's GPIF has more than 1.5 trillion US dollars in assets, accounting for about 50% of overseas assets. Previously, the market's expectations of increasing its holdings of local assets boosted the yen for a short time, but it was difficult to continue the rise due to lack of specific rules.

Mizuho Securities pointed out that Japan's GPIF has more than 1.5 trillion US dollars in assets, accounting for about 50% of overseas assets. Previously, the market's expectations of increasing its holdings of local assets boosted the yen for a short time, but it was difficult to continue the rise due to lack of specific rules.