Jul
12
Yen Trumps Treasuries for $300 Billion Investor Amid Trade Spat
ByNot everyone is losing faith in the yen as a haven.
While the Japanese currency is the worst performer this month among its Group-of-10 peers, Russell Investments is bucking the trend. The asset manager, which oversees $300 billion, has upped the level of yen assets it holds compared to Treasuries, with the currency hitting the lowest level against the dollar since January…
Yen Trumps Treasuries for $300 Billion Investor Amid Trade Spat