Leader Marine: Government Bonds

leader marine: Investors piled into French government bonds after centrist Emmanuel Macron took the lead over far-right leader Marine Le Pen in the first round of presidential elections on April 23, according to The Japan Times. But this did not seem to be enough to lure in Japanese investors, who held 12 percent of French debt at the end of last year. Some even exploited a rally in French government bonds last week to sell down their positions further, one London-based trader said. It is a bit difficult to buy French bonds now. The London trader, who works closely with Japanese clients, said they had not bought bonds since the first round of voting. There will be some twists and turns and we have to watch certain political events, said Naoki Akiyama, general manager for investment planning at Nippon Life, Japan's biggest private life insurer. (news.financializer.com). As reported in the news.