Japan’s giant investors look set to bet on yen weakness continuing and boost their purchases of Treasurys over the rest of the year.
That’s the view of money managers in Tokyo, who see conservative buyers like life insurers helping the country reaffirm its position as the biggest foreign holder of Treasurys after heavy selling in recent months. While yields on Japanese government bonds have climbed — to six-year highs — the premium offered by their U.S. counterparts has surged even more as monetary policy in the two economies diverges.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
We humbly apologize for the inconvenience.