Standard Life Investments is underweight Japanese government bonds in the belief prices here are goi...
Standard Life Investments is underweight Japanese government bonds in the belief prices here are going to weaken. Euan Munro, investment director, fixed interest at Standard Life Investments, thinks the market could see two of its main planks of support, demand from commercial banks and private investors, having less of an influence going forward. Munro says commercial banks have been buying government bonds recently because they saw a lack of profitable lending opportunities in an economy suffering from prolonged recession. Now that companies are beginning to increase capital expenditur...
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