Purchases of JGBs, commercial paper and corporate bonds will also continue as decided in the March monetary policy meeting. Following the BOJ decision, the Japanese yen weakened 0.52% to 157.84 against the U.S. dollar, while the yield on10-year JGBfell 44 basis points to 0.924. The b...
aThe Fed tried to follow the blueprints of the Bank of Japan ( BoJ ), which uses strong-arm tactics in the $8.5-trillion Tokyo bond market, through skillful manipulation and jawboning exercises. Japan’s 10-year bond ( JGB ) yield has been locked within a tight range between 1.15% and ...
down from 1.6% in the current year. It is based on the BOJ's new policy framework under which it is trying to keep the 10-year Japanese government bond yield around zero percent. Indicatively, a 0.5% point drop in the assumed interest rate is estimated to trim borrowing costs by Y500 ...
Following the BOJ decision, the Japanese yen weakened 0.52% to 157.84 against the U.S. dollar, while the yield on10-year JGBfell 44 basis points to 0.924. The benchmarkNikkei 225rose 0.68%, reversing earlier losses, while the Topix was 0.71% higher. Bold policy mo...
Japanese media report the BOJ will widen its target yield band for 10 year JGBs to plus/minus 0.25% Nikkei with the Bank of Japan chatter (ps. Nikkei reports just ahead of BOJ meetings are usually quite reliable). The current band is +/-0.2%...
On March 14, 2011, the yield on 30-year JGB increased as much as seven basis points to 2.21% at one point, before stabilizing at 2.19%. However, the yield on five-year JGBs plummeted by as much as eight basis points and the yield on 10-year JGBs declined by over 5 basis points ...
This paper examines an impact of Bank of Japan (BOJ)'s outright purchase on the Japanese government bond (JGB) yield curve. Particularly, we develop a simple state space model, which incorporates new factors regarding the BOJ's announcement for its outright purchase and the current market ...
JGB 10-year yield hits 7-year low after BOJ easing | Fox BusinessFox Business
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