UPDATE 1-Japan swap spreads stay wide as GPIF eyes foray into foreign bonds
The cost of swapping yen into
dollars remains elevated in part due to signs that large
Japanese government pension funds are planning to increase
purchases of overseas bonds as they rebalance their portfolios.
dollars remains elevated in part due to signs that large
Japanese government pension funds are planning to increase
purchases of overseas bonds as they rebalance their portfolios.
Posted by Reuters
