Tag - jgb

 
 

JGB

Bank of Japan Gov. Kazuo Ueda speaks to reporters on Thursday in Tokyo.
BUSINESS / Markets
Feb 21, 2025
Japan yields fall as Ueda warns BOJ can step in to smooth market
Bond yields fell and the yen weakened following Ueda’s comments.
The Japanese currency climbed as much as 1% to ¥149.95 against the dollar on Thursday, a level it hasn’t touched since Dec. 9.
BUSINESS / Economy
Feb 20, 2025
Yen advances past ¥150 per dollar as BOJ rate-hike bets ramp up
Japan’s currency climbed as much as 1% to ¥149.95 against the dollar, a level it hasn’t touched since Dec. 9.
The measure of input prices for Japanese firms rose 4.2% in January from a year earlier, the Bank of Japan reported Thursday.
BUSINESS / Economy
Feb 13, 2025
Corporate goods prices rise 4.2% from year earlier, backing case for rate hikes
The gain, led by agricultural products such as rice, was bigger than the consensus estimate of 4% and compared with a revised 3.9% advance a month earlier.
Debt servicing costs are estimated to increase, reflecting the Bank of Japan's interest rate hikes.
BUSINESS
Feb 10, 2025
Japan's government debt climbs to record ¥1.32 quadrillion
The combined balance of Japanese government bonds, borrowings and financing bills swelled by ¥7.2 trillion from the end of September 2024.
Yoichi Takemura will oversee yen rates and foreign exchange trading for Barclays in Tokyo, bringing nearly two decades of experience in those operations.
BUSINESS / Companies
Jan 27, 2025
Barclays hires ex-Garda manager Yoichi Takemura as Japan bond market revives
The bank's Japanese investment banking arm posted a record ¥16.5 billion in net profit in 2023, driven by increased client orders to trade yen rate products.
The 40-year JGB yield rose as much as 3 basis points to 2.755%, the highest since 2007 when the bonds were sold for the first time.
BUSINESS / Economy
Jan 14, 2025
Japan’s 40-year yield rises to highest since debut in 2007
Japan’s 20-year yield also rose to its highest since May 2011 this morning after the nation’s markets reopened following a public holiday on Monday.
The latest sale plan of Japanese government bonds reflects the government's efforts to fill a huge hole left by the BOJ's diminishing presence in the JGB market.
BUSINESS / Markets
Dec 26, 2024
Government plans to sell more JGBs for first time in four years, draft shows
Much of the increase will be made in shorter-dated debt to tap demand from Japanese banks.
BOJ Gov. Kazuo Ueda said in July that the central bank’s holdings would decrease by 7% to 8% in about two years’ time, but they are set to stay at higher-than-desirable levels in the long-term.
BUSINESS / Economy
Dec 23, 2024
Japan's bond supply set to reach decade high as BOJ bond purchases slow
The BOJ’s plan to almost halve bond purchases comes as Prime Minister Shigeru Ishiba plans additional spending in an extra budget.
The Bank of Japan headquarters in Tokyo on Thursday
BUSINESS / Economy / FOCUS
Dec 21, 2024
Economists see BOJ's policy review as insufficient
The massive easing policy has caused adverse effects, such as a loosening of fiscal discipline, economists said.
The Bank of Japan regularly sells government bonds with repurchase agreements to boost liquidity.
BUSINESS / Economy
Dec 4, 2024
BOJ sells 10-year cash bonds to ease shortage tied to futures
The BOJ owned ¥8.03 trillion of the bonds due in March 2032 as of Nov. 29, down from ¥8.23 trillion on Nov. 20.
BOJ Gov. Kazuo Ueda says that growing latent losses "would not hinder (the central bank's) ability to manage policy."
BUSINESS / Economy
Nov 28, 2024
Bank of Japan's latent losses on JGBs hits record ¥13.66 trillion
JGB prices fell after the central bank ended its negative interest rate policy in March and raised interest rates in July.
Tomoki Arai, head of markets at Bank of Yokohama
BUSINESS / Companies
Nov 8, 2024
Bank of Yokohama weighs Japan bond comeback with more rate hikes to come
More financial institutions are weighing a return to local debt after years of investing abroad.
The Bank of Japan headquarters in Tokyo. There is growing speculation that the central bank will push ahead with rate hikes in the coming months, particularly as the yen continues to weaken.
BUSINESS / Markets
Oct 23, 2024
Japan’s 40-year yield rises to highest since 2008 on Fed outlook
There is also growing speculation that the BOJ will push ahead with rate hikes in the coming months, particularly as the yen continues to weaken.
To lessen the impact from any shocks, including a U.S. economic slump, Mizuho has been buying Treasurys and other assets that are easier to sell or hedge against price falls.
BUSINESS / Companies
Oct 9, 2024
Mizuho choosing liquid assets, bracing for risk of failed U.S. soft landing
Market participants appear overconfident that U.S. policymakers will be able to tame inflation without causing a recession, the bank's co-head of global markets has said.
An MUFG Bank branch in Tokyo. The bank is stepping up its electronic trading capabilities.
BUSINESS / Companies
Sep 13, 2024
MUFG pushes to bring its trading into electronic age, except JGBs
MUFG is catching up to rivals, vying to become more competitive across fixed income and equities where electronic trading has taken hold.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Sep 11, 2024
BOJ’s bond buying cuts carve out opening for investors
Net purchases by the central bank have fallen below zero as redemptions surpassed buying.
Government Pension Investment Fund in Tokyo
BUSINESS / Markets
Sep 4, 2024
GPIF watchers say $1.75 trillion fund may buy more Japan stocks
GPIF is likely to have reclaimed its position as the world’s largest pension fund, thanks to the yen’s rebound after a brief slip earlier this year.
Bank of Japan officials are divided over whether to raise interest rates at a policy meeting next week, people familiar with the matter say.
BUSINESS / Economy
Jul 23, 2024
BOJ is said to see weak consumer spending complicating rate call
Weak consumer spending has prompted the government to cut its fiscal year growth forecast to 0.9%, with central bank likely lowering its projection to 0.5%.
The Bank of Japan's headquarters in Tokyo
BUSINESS
Jul 19, 2024
BOJ urged to halve bond buying in scheduled tightening plan, minutes show
A significant number of the participants also urged the BOJ to taper bond purchases gradually to avoid upending the bond market.
The Bank of Japan headquarters in Tokyo
BUSINESS / Markets
Jul 10, 2024
Japan’s megabanks are said to seek deep cuts to BOJ bond buying
The bank’s ¥585 trillion bond stockpile exceeds the world’s fourth-largest economy, making bond players watchful for the BOJ’s next move.

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