Valuations in Japanese bond duration are getting "very appealing" but expansionary fiscal policy continues to discourage investors, Amundi Investment Institute says in its mid-year outlook. "A more hawkish Bank of Japan could improve inflation expectations and provoke a rally," Amundi says. Japanese inflation, although easing sharply thanks to policy measures, is unlikely to persuade investors that the BOJ is no longer behind the curve, Amundi says. It expects the BOJ to hike again in October to contain yen weakness. (emese.bartha@wsj.com)
Dow Jones Newswires
Japanese Bond Duration Seen 'Very Appealing' — Market Talk
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Valuations in Japanese bond duration are getting "very appealing" but expansionary fiscal policy continues to discourage investors, Amundi Investment Institute says in its mid-year outlook. "A more hawkish Bank of Japan could improve inflation expectations and provoke a rally," Amundi says. Japanes…