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Natixis Rotates Into Japan From US Stocks as BOJ Hike Looms

Bloomberg Read original source (opens in a new tab)
The Story

News Summary

  • Natixis Investment Managers raised Japanese equity allocations while paring US exposure, citing robust economic growth and corporate earnings leverage.
  • The shift follows Japan's 10-year bond yield reaching 3% and swap markets fully pricing in a Bank of Japan interest rate hike later this month.
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