Tasty foreign food remains hard to stomach for local investors

Japan’s bond investors have long been used to putting up with tight returns in the domestic market, but even they could be forgiven for thinking that things have just become silly now. The returns they can earn in the domestic bond market are, with only a few exceptions, paltry. It is high time they found a new source of returns. Going overseas might be one solution. But for Japanese investors, more than any others, that is easier said than done. Matthew Thomas reports.