Japanese Bonds Lure JPMorgan, Deutsche Bank as Omi Cuts Sales

Discussion in 'Forex Trading' started by Joma, Dec 17, 2006.

  1. Joma

    Joma

    I read this article on BLOOMBERG and asked myself why Deutsche Bank and JP Morgan are buying longer-maturity Japanese bonds if the American economy is about to grow ?

    http://www.bloomberg.de/apps/news?pid=20601087&sid=a8WQhDRlv9XU&refer=home

    Japan would be one of the countries to benefit first from sustainable US growth prospects, or ? Thus, the yields would have to raise....

    But otherwise, if the US economy isn´t to grow the way it is predicited to do - after this great November retail sales numbers - it would make sense to buy some long dated debt...