The Japanese government pension investment fund recorded its best performance since last March.

The Japanese government pension fund achieved its best performance since March last year in the September quarter. One of the world's largest national pension funds stated that its profit reached 14.447 trillion yen in the three months ending in September, an increase of 5.52%, with total assets reaching 277.6 trillion yen. The investment return in the Japanese domestic stock market was 11.0%, while bonds incurred a loss of 1.4%. On the overseas front, the stock return rate was 9.8%, and bonds rose by 3.0%. During this quarter, the MSCI global stock index rose by 7.3%, the S&P 500 index rose by 7.8%, and the Japanese TOPIX index increased by 10%. The yield on 10-year US Treasury bonds fell by 8 basis points, while the benchmark Japanese government bond yield rose by 22 basis points. The US dollar against the yen rose by nearly 2.7%.