Japan’s corporate bond market is taking off just in time for the Bank of Japan to play an even bigger role in it. In the Japanese central bank’s vast asset-purchase program, corporate bonds have been an afterthought. With the bank’s entire policy in flux in advance of a policy meeting later this month, the market may already be anticipating big changes afoot. Japan’s corporate bond market stands out as a minuscule 57 trillion...
Source: Wall Street Journal September 12, 2016 09:22 UTC