Pimco Favors Japan’s 30-Year Bonds, Says Yield Curve ‘Too Steep’
Pacific Investment Management Co. is seeing an opportunity in Japan’s 30-year sovereign bonds at a time when concerns over inflation and government spending have pushed those yields to record highs.
By Ruth Carson, Masaki Kondo · Bloomberg Markets
Pacific Investment Management Co. is seeing an opportunity in Japan’s 30-year sovereign bonds at a time when concerns over inflation and government spending have pushed those yields to record highs.