Foreign exchange traders monitor screens in Tokyo, Japan. Picture: GETTY IMAGES/CARL COURT
Japan’s Nikkei share average lost 0.58% on its last trading day of 2020 after jumping to a 30-year high on Tuesday. For the year, it was up 15.8%. “We think continued monetary and fiscal policy support means investors should take risk. Stocks will do better than bonds. Within bonds, corporate bonds should beat government bonds,” said Hiroshi Yokotani, head of Asia-Pacific fixed-income business at State Street Global Advisors.
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