Bloomberg on Japanese buying of Australian government bonds

  • "Many Japanese investors, including ourselves, will buy Australian government bonds," said Toshifumi Sugimoto, the chief investment officer at Capital Asset Management in Tokyo
  • The exchange rate makes the investments "very attractive," said Sugimoto
  • The Aussie dollar will rise to 90 yen in the first half of 2016 from as low as 77.59 last week, according to Sugimoto

More here ... won't let me stick in the link here it is ... http://www.bloomberg.com/news/articles/2016-02-15/japanese-spend-stronger-yen-on-aussie-as-local-rates-go-negative