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Pimco sees limited Japan debt risk, credit buys

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Mon, 20 Jun 11 4:55 PM | 72 view(s)
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Pimco sees limited Japan debt risk, credit buys

TOKYO (Reuters) - Japan's March 11 disaster has not radically raised the risk of the country defaulting as its current account balance will likely remain in surplus and the central bank can monetize debt if needed, a senior fund manager at Pimco Japan said on Monday

Hideyuki Sano and Michiko Iwasaki

TOKYO
Mon Jun 20, 2011 3:14am EDT

link-
http://www.reuters.com/article/2011/06/20/us-japan-summit-pimco-idUSTRE75J11F20110620




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