August 30, 2013

Japanese customers buying foreign bonds, Australian bonds attractive

Picture: Dancing the Bon Odori Festival

"Last week, Japanese government data showed local investors buying foreign bonds had risen to $US16.5 billion in the week of August 5, the highest in three years....With 10-year Japanese government bonds yielding less than 1 per cent, it is no wonder investors are attracted to Australian 10-year sovereign debt paying around 4 per cent."

Asian investors keen on Aussie bonds
August 22nd 2013

No comments:

Post a Comment