Pimco Sees Investment Opportunity in Japan 30-Year Bonds as Yield Curve Steepens

GateNews
According to Pimco's chief investment officer Marc Seidner, Japan's 30-year government bond yield has hit record highs, presenting an investment opportunity as the yield curve has become steeper than warranted relative to other developed markets. Pimco is currently bullish on Japan's 30-year bonds while maintaining a bearish position on 10-year bonds, expecting the spread between the two maturities to narrow further.
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