(Bloomberg) -- Japanese bonds backed by commercial
property loans or protected for inflation are ``attractive'' as
prices may rise at a faster pace in the next three to five years,
according to Pimco Japan Ltd.
Inflation-linked debt is appealing because of rising global
commodity prices, said Tomoya Masanao, executive vice president
at the unit of Pacific Investment Management Co., manager of the
world's largest bond fund. Land prices rose for the first time
in 16 years in Japan, reducing the risk that mortgages for
offices, apartments and hotels will default.
Read more at Bloomberg Bonds News
property loans or protected for inflation are ``attractive'' as
prices may rise at a faster pace in the next three to five years,
according to Pimco Japan Ltd.
Inflation-linked debt is appealing because of rising global
commodity prices, said Tomoya Masanao, executive vice president
at the unit of Pacific Investment Management Co., manager of the
world's largest bond fund. Land prices rose for the first time
in 16 years in Japan, reducing the risk that mortgages for
offices, apartments and hotels will default.
Read more at Bloomberg Bonds News
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