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GPIF can't stem linker market's loss

Japan's inflation-protected bonds slide 0.4% despite Government Pension Investment Fund buying half the market
Saturday, July 18, 2015 - 05:50
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The world's biggest pension fund has snapped up half of the market for Japan's inflation-protected bonds. It was still not enough to stop the debt slumping towards its worst month this year.

Tokyo

THE world's biggest pension fund has snapped up half of the market for Japan's inflation-protected bonds. It was still not enough to stop the debt slumping towards its worst month this year.

Linkers have declined 0.4 per cent so far in July, headed for the biggest loss since