More supply needed as domestic investors increase their appetite

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More supply needed as domestic investors increase their appetite

Japan’s domestic debt market has long proven to be one of the most resilient in the world, backed by an army of institutional investors that have a clear preference for buy-and-hold strategies and familiar credits. That resilience was put to the test at the end of last year, after Moody’s announced that it had downgraded the sovereign. Matthew Thomas reports.

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