(Bloomberg) -- Investors should buy options giving
them the right to sell Japan's bond futures on speculation the
central bank will raise interest rates in August, Daiwa Institute
of Research Ltd. said.
Put options with a strike price of 130 are attractive because
bond futures for September delivery may drop below that level by
the end of August from 131.70 yesterday, said Takeo Okuhara, a
debt strategist in Tokyo at Daiwa Institute. The contracts give
the holder the right to sell a security at the strike price.
Read more at Bloomberg Bonds News
them the right to sell Japan's bond futures on speculation the
central bank will raise interest rates in August, Daiwa Institute
of Research Ltd. said.
Put options with a strike price of 130 are attractive because
bond futures for September delivery may drop below that level by
the end of August from 131.70 yesterday, said Takeo Okuhara, a
debt strategist in Tokyo at Daiwa Institute. The contracts give
the holder the right to sell a security at the strike price.
Read more at Bloomberg Bonds News
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