Japan Noda: US Treasuries still attractive to Japan
TOKYO, April 19
TOKYO, April 19 (Reuters) - - Japanese Finance Minister Yoshihiko Noda said on Tuesday that U.S. Treasuries were still an attractive investment for Japan despite news that ratings agency Standard & Poor's cut the U.S. credit outlook due to concerns about the rising federal budget deficit.
"The United States is tackling fiscal issues in various ways, so I think U.S. Treasuries are basically an attractive product for us," Noda told a news conference after a cabinet meeting.
He added that Japan must continue to convey its stance on adhering to fiscal discipline. (Reporting by Tetsushi Kajimoto; Editing by Edmund Klamann)
- Tweet this
- Share this
- Digg this
- UPDATE 7-Tennis-Paris Masters men's singles round 3 results
- Kurds' battle for Kobani unites a people divided by borders
- RBS takes 400 million pound forex hit and warns more to come
- British banks buoyed by new rules on risk buffers
- Japan's central bank shocks markets with more easing as inflation slows |