Tag - jgb

 
 

JGB

Yields on Japan's 10-year government bonds have risen at a fast pace since the Bank of Japan ended its negative-rate policy last year and started to tighten.
BUSINESS / Markets
Mar 25, 2025
Japan bond rout signals era of ultralow rates might really be over  
For the first time in 16 years, yields on Japanese 10-year government bonds have jumped 50 basis points since November to above 1.5%.
Yields on Japanese government bonds have climbed to the highest since 2006 as traders expect the Bank of Japan to keep hiking interest rates this year while peers from the U.S. to Australia ease monetary policy.
BUSINESS / Companies
Mar 18, 2025
Pimco takes profit on Japan bond trade as interest rates rise
The American investment management firm has turned "overall neutral” on Japanese government bonds.
Bank of Japan Gov. Kazuo Ueda has indicated he has little problem with the recent rising yield trend.
BUSINESS
Mar 13, 2025
Shift in BOJ stance favors free market functioning over intervention
People familiar with the central bank's policy approach say the market should decide rates, and that investors need to get used to a world without yield curve control.
Nomura Holdings and Japan's other big brokers are having second thoughts about selling so-called structured loans to regional lenders.
BUSINESS / Economy
Mar 11, 2025
Japan brokers rethink repackaged JGBs after regulator warning
There are concerns that buyers might lack proper risk management for the product and could suffer mounting losses if market interest rates move against them.
The yield on Japan’s 10-year note climbed 7 basis points to 1.5%, the highest since 2009.
BUSINESS / Economy
Mar 6, 2025
German bond rout goes global as yields surge in Japan
The yield on Japan’s 10-year note climbed 7 basis points to 1.5%, the highest since 2009.
Toshinori Yashiki, director-general of the Financial Services Agency’s strategy development and management bureau, speaks during an interview on Thursday.
BUSINESS / Economy
Feb 28, 2025
Japan to crack down on booming market for JGB-backed loans
The Financial Services Agency will scrutinize banks that have increased purchases of Japanese government bonds that are repackaged into loans over the past year.
There’s keen interest in the market on whether Japan’s regional banks will pour back into benchmark 10-year notes, whose yields jumped to the highest levels since 2009 in Tokyo trading on Friday.
BUSINESS / Companies
Feb 25, 2025
One of Japan's top regional banks holds JGB buying on bet rates to climb
There’s keen interest in the market on whether Japan’s regional banks will pour back into benchmark 10-year notes.
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.

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