The Bank of Japan’s decision to explicitly control sovereign bond yields will probably cap interest rates, bolstering demand for corporate debt offering extra premiums, according to analysts. The BOJ added what it calls “yield curve control” to its stimulus mix Wednesday and said it ...
The Bank of Japan shifts the focus of its monetary stimulus to controlling the shape of yields across different maturities.
The BOJ's review of its monetary stimulus program revived expectations it could adopt some form of "helicopter money," printing money for government spending to spur inflation.
Fitch Ratings on Monday slashed its outlook on Japanese government bonds to negative from stable, citing a lack of specific steps to achieve the country’s fiscal reform goal following another delay in the consumption tax hike. “The outlook revision primarily reflects Fitch’s decreased confidence ...
Mizuho Securities Co. plans to strengthen businesses including corporate bond underwriting in the United States and intermediation of corporate mergers and acquisitions, President Tatsufumi Sakai has said. Sakai, who assumed the presidency on April 1, also said the company was considering increasing the number ...
Former Bank of Japan Deputy Gov. Kazumasa Iwata says the central bank will run up against the limits of bond purchases by the middle of next year, making the negative interest rate the BOJ’s key tool for monetary policy. Iwata, who was on the ...
Japanese investors are scooping up bonds overseas to flee negative yields at home, driving a global debt-market rally. Money managers purchased a net ¥4.45 trillion of debt abroad from Feb. 12 to March 4, the biggest three-week outflow since the third quarter of 2010, ...
The Government Pension Investment Fund said it posted an investment profit of ¥4.73 trillion in October-December, swinging from a record loss in the previous quarter. The GPIF marked an investment return of 3.56 percent in the third quarter of fiscal 2015 thanks to rebounds ...
West Japan Railway Co. announces unprecedented 40-year bonds to leverage the cheaper funding brought about by the BOJ’s recent move.
The Bank of Japan's decision to adopt a minus interest rates could be immediately rendered meaningless by highly unpredictable political and economic trends abroad.
Demand for safety forces the yield on Japanese government debt below zero.
The effects on the everyday lives of people from the Bank of Japan’s decision late last month to introduce negative interest rates are spreading. Commercial banks are lowering their deposit rates due to falling market interest rates, while the Finance Ministry has suspended the ...
