RBC BlueBay Says Long-Term Japanese Government Bonds Look Attractive

RBC BlueBay Asset Management said it remains constructive on long-term Japanese government bonds. According to Jin10, fixed-income Chief Investment Officer Mark Dowding said in a report that Japan’s yield curve is unusually steep compared with very flat yield curves elsewhere globally. Dowding said this provides ample protection from longer-dated yields, noting that 30-year bond yields were above 3.75%.