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Sumitomo Mitsui DS AM Exits French Bonds on Fiscal Concerns

Key Points

Sumitomo Mitsui DS Asset Management sold its entire holdings of French government bonds amid concerns about the nation’s fiscal situation, shifting funds to German bunds and short-term Japanese government bonds.

Sumitomo Mitsui DS Asset Management sold its entire holdings of French government bonds amid concerns about the nation’s fiscal situation, shifting funds to German bunds and short-term Japanese government bonds.
Sumitomo Mitsui (ORG) Fiscal Concerns Sumitomo Mitsui DS Asset Management (ORG) French (ORG) German (ORG) Japanese (ORG)
Originally published by Bloomberg Markets Read original →