Experts argue that bonds, particularly high-rated ones, are better equipped to handle any economic slowdown.

The continued depreciation of the yen has led to a rise in inflation expectations and concerns that the central bank may have to cut back on monetary stimulus.

According to the Bank of New York Mellon, in the coming weeks, the yen could fall to a level of 140 against the dollar.

In March of this year, China reached a new stage in its efforts to reduce dependence on the dollar.