(Bloomberg) -- Treasuries steadied after yields on
10-year notes reached the highest in more than five years and
investors said they see no signs of accelerating inflation in
the U.S.
``We don't have any concern about inflation risk,'' said
Masataka Horii, a manager for the $46 billion Kokusai Global
Sovereign Open fund in Tokyo, the world's second-biggest bond
fund. ``The U.S. economy will slow in the future so we should
stay in this market. The housing sector has already slowed down
and rising yields will hurt it again.''
Read more at Bloomberg Bonds News
10-year notes reached the highest in more than five years and
investors said they see no signs of accelerating inflation in
the U.S.
``We don't have any concern about inflation risk,'' said
Masataka Horii, a manager for the $46 billion Kokusai Global
Sovereign Open fund in Tokyo, the world's second-biggest bond
fund. ``The U.S. economy will slow in the future so we should
stay in this market. The housing sector has already slowed down
and rising yields will hurt it again.''
Read more at Bloomberg Bonds News
No comments:
Post a Comment