Tag - jgb

 
 

JGB

"The main message we have on monetary policy is that in times of heightened uncertainty, flexibility and data dependence become paramount,” said Nada Choueiri, the International Monetary Fund’s Japan mission chief, on Wednesday.
BUSINESS / Economy
Apr 24, 2025
IMF urges BOJ flexibility on rates as tariffs dent outlook
Along with downgraded global growth projections, the IMF's forecast for Japan’s expansion in 2025 was trimmed by 0.5 percentage points to 0.6%.
Demand for Japanese debt has risen since March as the Trump administration’s higher tariffs sparked a surge in market volatility.
BUSINESS
Apr 21, 2025
Japan’s superlong bonds draw record foreign inflow on haven bid
Global funds bought a net ¥2.18 trillion of the nation’s debt with original maturities of more than 10 years.
As the global trade war intensifies, the debt, the main investment for Japan’s life insurers, has seen wild swings along with its U.S. counterparts.
BUSINESS / Companies
Apr 18, 2025
Major Japan life insurer to pile into domestic superlong bonds
Investment decisions by Japan’s life insurers can move global markets, and Fukoku Mutual Life Insurance will be the first among its major peers to report such plans.
RBC BlueBay Asset Management has shifted to an overweight position in 30-year bonds, as it believes the Bank of Japan may not be in a hurry to raise rates.
BUSINESS / Markets
Apr 18, 2025
BlueBay piles into Japanese bonds, ditching bets on deeper fall
The firm has shifted to an overweight position in 30-year bonds over the past week as the U.S. trade war darkens the economic outlook.
Some market participants predict that benchmark 10-year borrowing costs won’t climb as sharply as the fiscal year that ended Monday.
BUSINESS / Markets
Apr 1, 2025
Japan confronts biggest bond loss globally as BOJ rate hikes upend market
The past year marked a sixth straight year of losses for Japan’s sovereign debt as the central bank raises rates while its other counterparts elsewhere are cutting them.
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.

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