(Bloomberg) -- U.S. Treasuries rose as some Asian
investors said benchmark yields at a five-year high are
attractive given the outlook for inflation.
``We don't have any concern about inflation risk,'' said
Masataka Horii, one of the managers for the $46 billion Kokusai
Global Sovereign Open fund in Tokyo. The fund, which has about
24 percent of its portfolio invested in Treasuries, bought some
U.S. notes in the past month, he said.
Read more at Bloomberg Bonds News
investors said benchmark yields at a five-year high are
attractive given the outlook for inflation.
``We don't have any concern about inflation risk,'' said
Masataka Horii, one of the managers for the $46 billion Kokusai
Global Sovereign Open fund in Tokyo. The fund, which has about
24 percent of its portfolio invested in Treasuries, bought some
U.S. notes in the past month, he said.
Read more at Bloomberg Bonds News
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