Asset manager Natixis has adjusted its equity allocation for Japan, anticipating ongoing growth. The company, which manages around $1.5 trillion in assets globally, made this change to its weighting.

This adjustment occurred a day before a notable event in the bond market. Japan's 10-year government bond yield reached a high of 3%, a level not seen in a century.

Further details about Natixis' decision and its potential impact are available from the source. The asset manager's move suggests confidence in Japan's continued economic growth, but specific reasons and expectations behind the allocation change are not provided here.