Some say markets are underpricing how quickly a rush might emerge as Japanese government bonds become increasingly attractive. Japanese government bond yields near three-decade highs are giving fresh prominence to a long-discussed risk for global investors: the prospect of the nation’s vast pool of overseas capital returning home. Key points and original sources are listed below.

• Some say markets are underpricing how quickly a rush might emerge as Japanese government bonds become increasingly attractive.S1

• Japanese government bond yields near three-decade highs are giving fresh prominence to a long-discussed risk for global investors: the prospect of the nation’s vast pool of overseas capital returning home.S2