Tag - bonds

 
 

BONDS

Bank of Japan Gov. Kazuo Ueda gives a news conference in Tokyo on Friday. The BOJ jolted financial markets by loosening its grip on bond yields.
COMMENTARY / World
Jul 30, 2023
BOJ yields some control, but also throws a curveball
In trying to keep several plates spinning as it pertains to monetary policy and inflation, BOJ Gov. Kazuo Ueda steps on his message.
Bank of Japan Gov. Kazuo Ueda speaks during a news conference at the central bank's headquarters in Tokyo on Friday.
BUSINESS / Economy / FOCUS
Jul 29, 2023
Tricky road ahead after BOJ moves to ease yield curve control
Some economists viewed the BOJ's move to allow long-term yields to rise above its ceiling as an "effective scrapping" or "gutting" of its yield curve control program launched in 2016.
Bank of Japan headquarters in Tokyo on Friday. The Japanese yen is on a bumpy path toward strengthening after Friday's central bank policy change, threatening to upend the carry trade, one of this year's most popular strategies, as the currency inevitably becomes more expensive.
BUSINESS / Economy / ANALYSIS
Jul 29, 2023
Bank of Japan's opaque policy shift means stronger and wilder yen
The Japanese yen is on a bumpy path toward strengthening after Friday's central bank policy change, threatening to upend the carry trade.
Monex Group was sued on Thursday in what is believed to be the first lawsuit questioning the responsibility of a Japanese securities company over Credit Suisse AT1 bond losses.
BUSINESS / Companies
Jul 28, 2023
Japan’s Monex sued by client for Credit Suisse bond loss
The move marks a rare case of a financial institution being accused of responsibility for investor losses triggered by Switzerland’s move to wipe out the bonds.
Kazuo Ueda, governor of the Bank of Japan, speaks during a news conference at the central bank's headquarters in Tokyo on Friday.
BUSINESS / Economy
Jul 28, 2023
BOJ to allow ‘greater flexibility’ with yield curve control policy
The bank also raised its inflation forecast in the quarterly outlook, projecting that consumer prices for fiscal 2023 will be 2.5%.
Veteran Japanese investors are split over whether to put their money into Chinese bonds.
BUSINESS / Markets
Jul 27, 2023
Friends who help manage $640 billion clash on China bonds
While they’ve been friends for at least a decade, their take on trading China bonds couldn’t be more diametrically opposed.
Mizuho Financial Group has become the third Japanese megabank to sell Additional Tier 1 bonds after the collapse of Credit Suisse set off a global fire sale.
BUSINESS / Markets
Jul 20, 2023
Mizuho sells ¥261 billion of AT1 bonds after Credit Suisse turmoil
The lender joined Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group in issuing AT1 bonds this year, while the market in Europe is only just reopening.
Investors have scooped up yen debt from issuers outside Japan, fueling the busiest July since 2018.
BUSINESS / Markets
Jul 24, 2023
Global yen bond market emerges as oasis amid Japan volatility
Investors have scooped up yen debt from issuers outside Japan, fueling the busiest July since 2018.
Japan Times
BUSINESS
Jul 19, 2023
Tokyo traders await June inflation data ahead of BOJ policy meeting
Consumer prices excluding fresh food and energy costs have seen price gains hovering close to a high of more than four decades.
Japan Times
BUSINESS / Markets
Jul 18, 2023
An $880 billion fund is shorting key Japanese bonds in BOJ bet
An $880 billion fund is betting it’s only a matter of time before the Bank of Japan tightens monetary policy.
Japan Times
BUSINESS
Jul 14, 2023
BOJ to tweak yield control this month, ex-official says
Hideo Hayakawa, who is also a former BOJ chief economist, said that the central bank must raise its inflation outlook for this fiscal year to match reality.
Japan Times
BUSINESS / Markets
Jul 13, 2023
Credit Suisse AT1 fallout embroils more brokerages in Japan
Documents have raised questions over whether information over the risks associated with the product was properly disclosed to investors.
Japan Times
BUSINESS
Jul 7, 2023
Toyota taps U.S. ESG bond market to fund electric-car push
Operating margins may rise just as peers face pressure from the launch of new EVs, additional competition from Chinese manufacturers and pricing tactics from Tesla.
Japan Times
BUSINESS / Markets
Jun 27, 2023
BOJ held record 53% of Japan government bonds at end of March
The BOJ has held more than half of the government's debt for three straight quarters.
Japan Times
BUSINESS
Jun 26, 2023
BOJ member called for review of yield cap program at June meeting
Some BOJ-watchers expect the yield cap program to be modified at the next policy-setting meeting in July, when the central bank is widely expected to upgrade its inflation outlook.
Japan Times
BUSINESS
Jun 23, 2023
Regional banks given business improvement orders over risky bond sales
The Financial Services Agency made the order after judging the institutions hadn't warned customers about the risks of structured bonds.
Japan Times
BUSINESS
Jun 12, 2023
BOJ’s Ueda likely to hold with bond market on his side for now
Gov. Kazuo Ueda has repeatedly signaled his intention to take time before making any major changes to the central bank’s stimulus.
Japan Times
BUSINESS
Jun 11, 2023
BOJ is said to see little need to tweak yield controls for now
The officials say inflation is running stronger than expected, a factor that raises the chance of the BOJ upgrading its inflation forecast in a quarterly economic outlook report in July.
Japan Times
BUSINESS
Jun 9, 2023
Japan watchdog seeks penalty for regional banks over bond sales
The agency said the banks sold the bond products without properly checking customers’ investment preference and experience, or explaining the risks involved.
Japan Times
BUSINESS
May 31, 2023
BOJ to hold policy amid election chatter, ex-board member says
The BOJ will refrain from changing its 'yield curve control' program while speculation continues to swirl that the prime minister will call a snap election, according to an ex-board member.

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'