Bunds: The Only Game in Town, Says Diebel

German government bonds are in “bubble territory” and Allianz SE plans to raise its corporate debt holdings, Chief Investment Officer Andreas Gruber said in an interview. “Allianz never really was a strong investor in German government bonds,” said Gruber, who oversees 638 billion euros ($720 billion) of investments. “There always were plenty of better alternatives in the sub-sovereign, corporate and non-euro-denominated fixed income markets.” Aviva Investors Head of Rates Charles Diebel discusses with Bloomberg's Anna Edwards in London and Manus Cranny in Dubai on "Countdown."

Full Show: Bloomberg Daybreak: Americas (08/25)
53:20 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro. Guests include Glenn Hubbard of the Columbia Graduate School of Business, Robert Kaplan of the Federal Reserve Bank Dallas, and former Deputy U.S. Treasury Secretary Robert Kimmitt. (Source: Bloomberg)
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