Nomura continues to increase its holdings of UK government bonds, praising them as "the most attractive investment in Europe".

According to the Wisdom Finance app, Nomura Asset Management has been purchasing a large amount of UK government bonds because their yields are more attractive compared to other European countries. Although the yield on UK government bonds has decreased this month, the yield on 10-year UK government bonds is still around 4.4%, which is quite attractive to Japanese investors as the yield on domestic bonds with the same maturity in Japan is around 1.6%. Nomura Securities is not the only Japanese asset management company bullish on UK government bonds, as Amova Asset Management company is also slightly overweight in such bonds.