BOJ’s Peg to Zero Means Opportunity in U.S. Debt: Prudential

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  • Reach for yield in the credit sector to continue, Collins says
  • Favors U.S. banks, smaller companies that have de-levered

Prudential's Collins Sees Global Yield Curve Flattening

The Bank of Japan’s decision to freeze the yield on its 10-year government bond near zero will continue to fuel opportunities in the U.S. debt market amid a global hunt for yield, Prudential Financial Inc.’s Michael Collins said.

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