(Bloomberg) -- Investors should buy options giving
them the right to sell Japanese bonds futures because the
central bank will probably raise interest rates in August, said
Daiwa Institute of Research Ltd.
Put options with a strike price of 130.50 are attractive
because bond futures for September delivery may drop to 130 by
the end of August, Takeo Okuhara, a debt strategist in Tokyo at
Daiwa Institute, said in an interview. He also recommends
selling call options giving the right to buy the contract at 132
by the end of July, as futures won't rise that high.
Read more at Bloomberg Bonds News
them the right to sell Japanese bonds futures because the
central bank will probably raise interest rates in August, said
Daiwa Institute of Research Ltd.
Put options with a strike price of 130.50 are attractive
because bond futures for September delivery may drop to 130 by
the end of August, Takeo Okuhara, a debt strategist in Tokyo at
Daiwa Institute, said in an interview. He also recommends
selling call options giving the right to buy the contract at 132
by the end of July, as futures won't rise that high.
Read more at Bloomberg Bonds News
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