Japan credit upbeat



Japan’s credit market is enjoying some rare positive sentiment. So much so that investors are having to look beyond investment-grade corporate bonds to satisfy their needs.

Jason Rogers, head of credit research at Barclays Capital in Tokyo, observes: “There has been a big turn in sentiment and, on the back of that, we have seen credit spreads tighten and more companies tap the bond markets.”

Positive sentiment has not only been driven by the new financial year that began on April 1, whic

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