Amundi: Japanese Bond Duration Seen as 'Very Attractive'
On June 30, Amundi Investment Institute noted in its mid-year outlook that the valuation of Japanese bond duration is becoming 'very attractive,' but expansionary fiscal policy continues to deter investors. The institution stated that if the Bank of Japan adopts a more hawkish stance, it could improve inflation expectations and trigger a market rebound. Although inflation in Japan has eased significantly thanks to policy measures, Amundi believes this is unlikely to convince investors that the BOJ has escaped its 'behind the curve' situation. The institution expects the BOJ to raise interest rates again in October to curb the weakening yen.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Treasury sell-off triggers massive waves in global bond markets! Global average yields approach the 4% threshold, Japan's 10-year hits a 30-year high
On Thursday, the global government bond sell-off intensified, pushing the average yield close to 4%, a level not seen since 2007.
Honda (HMC.US) firmly pursues the "ditch electric for hybrid" strategy, plans to invest $2.5 billion to build a new hybrid car factory in the US
Honda plans to build a new hybrid vehicle manufacturing plant in Ohio, USA.
Crypto prices
More
