(Bloomberg) -- The yen rebounded from a record low
versus the euro on speculation Japanese investors will bring back
money invested in German bunds.
Germany pays more than 16 billion euros ($21.7 billion) in
coupon and principal on government debt July 4, according to data
compiled by Bloomberg. The yen last month declined to an all-time
low against the euro and a 4 1/2-year low versus the dollar as
investors sent funds overseas in search of higher yields.
Read more at Bloomberg Currencies News
versus the euro on speculation Japanese investors will bring back
money invested in German bunds.
Germany pays more than 16 billion euros ($21.7 billion) in
coupon and principal on government debt July 4, according to data
compiled by Bloomberg. The yen last month declined to an all-time
low against the euro and a 4 1/2-year low versus the dollar as
investors sent funds overseas in search of higher yields.
Read more at Bloomberg Currencies News
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