Japan's monetary easing measures to upend nearly two decades of deflation have been a boon for the index. The government's 2% inflation target has resulted in a year-to-date gain of more than 30%; the index is up more than 56% since mid-November.
Share
Source: Bloomberg LP
Other regional markets have not fared as well.
Share
Source: Bloomberg LP
As the Bank of Japan continues to increase the amount of Japanese government bonds it owns, industry sources say yield-seeking investors are likely to turn to emerging markets and credit.