(Bloomberg) -- U.S. Treasuries rebounded as some
Asian investors said benchmark yields at a five-year high are
attractive given the outlook for a slowdown in U.S. economic
growth and inflation.
``We don't have any concern about inflation risk,'' said
Masataka Horii, a manager for the $46 billion Kokusai Global
Sovereign Open fund in Tokyo, the world's second-biggest bond
fund. ``The U.S. economy will slow in the future so we should
stay in this market. The housing sector has already slowed down
and rising yields will hurt it again.''
Read more at Bloomberg Bonds News
Asian investors said benchmark yields at a five-year high are
attractive given the outlook for a slowdown in U.S. economic
growth and inflation.
``We don't have any concern about inflation risk,'' said
Masataka Horii, a manager for the $46 billion Kokusai Global
Sovereign Open fund in Tokyo, the world's second-biggest bond
fund. ``The U.S. economy will slow in the future so we should
stay in this market. The housing sector has already slowed down
and rising yields will hurt it again.''
Read more at Bloomberg Bonds News
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