Japanese funds forgo Chinese bonds and avoid other emerging market debt – Caixin Global
Japanese funds forgo Chinese bonds and avoid other emerging market debt – Caixin Global
(Bloomberg) – Japanese funds accelerate bond purchases from China while avoiding most other emerging market (EM) debt, as the coronavirus pandemic has led to deterioration in public finances and lower interest rates . Japanese yield-sensitive funds bought net 85.6 billion yen ($ 822.6 million) worth of Chinese bonds in October, bringing the total this year […]
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