2023-10-11 09:09:25

Trading Drought Worsens in Japan’s Broken Bond Market

Bloomberg

By Chikako Mogi

In a fresh sign of Japan’s dysfunctional bond market, the 10-year benchmark failed to trade for a third consecutive session Tuesday, the longest such streak since 1999.

The Bank of Japan’s overwhelming presence in the JGB market where it’s the biggest buyer under its curve control policy has exacerbated liquidity issues and led to a deterioration in market functioning. A gauge of liquidity stress in the Japanese bond market has hit levels last seen over a decade ago.

#bondmarket #suchstreak #biggestbuyer #controlpolicy #liquidityissues

Continue read on bloomberg.com

MarketsBy Masahiro Hidaka2023-09-29 06:44:42

Japan’s Bond Market Liquidity Falls to Lowest Level Since 2011

Japan’s bond market liquidity deteriorated to levels not seen in over a decade on growing fears that overseas rate hikes would lead to a global economic...

#bloomberg #government #marketliquidity #marketdislocations #fewinvestors

Business / FinanceBy Cna2023-10-11 09:49:57

Ten-year JGBs untraded for record third straight session

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide Best News Website or Mobile Service Digital Media Awards Worldwide TOKYO :...

#economy #inflation #security #market #jgbfutures

Business / FinanceBy Cna2024-09-27 05:55:01

Battling market forces, BOJ conducts special operation to curb rising yields

TOKYO : The Bank of Japan said it would purchase Japanese government bonds in a special operation on Tuesday, with the benchmark 10-year yield brushing...

#specialoperation #security #currency #BOJ #giltyields

MarketsBy Chikako Mogi2023-10-11 02:30:36

Foreign Funds Dumped Record Amount of Japan Bonds In September

Foreign investors dumped a record amount of Japanese bonds last month amid a global debt rout as major central banks rushed to raise rates to fight...

#bond #inflation #finance #recordamount #additionalpurchases

MarketsBy Masaki Kondo2024-09-20 22:25:06

Japan Bonds Face Liquidity Stress as BOJ Walks Lonely Rates Path

The Bank of Japan’s insistence on rock-bottom interest rates even in the face of quickening local inflation is adding to liquidity stress in the world’s...

#inflation #bloomberg #BOJ #debtmarket #policydecision

MarketsBy David Finnerty2023-10-10 01:40:57

Yen Traders Show Resilience to Risk of More Japan Intervention

Investors are beginning to show signs that any further intervention by Japan to support the embattled currency will have less of an impact than before....

#finance #currencypair #japanesecurrency #intervention #ImpliedVolatility

MarketsBy Chikako Mogi2024-09-27 00:18:22

Japan’s 20-Year Yield Rises Above 1% for First Time Since 2015

Japan’s 20-year bond yields rose to the highest level since 2015 as global debt markets come under pressure from expectations for further monetary...

#security #controlpolicy #upperlimit #debtmarkets #bondyields

Business / FinanceBy Cna2024-09-16 05:25:05

Analysis:'It's a car with broken brakes': investors see unrelenting yen descent

TOKYO/SINGAPORE : Japan's threats of currency intervention might slow but not stop the yen from hurtling towards three-decade lows before the year end,...

#analysis #brake #briefrespite #morgansecurities #marketsresearch

Business / FinanceBy Cna2024-09-22 05:15:14

Japan bond yields drop as BOJ quashes policy speculation

(Reslugs to add UPDATE 1) By Junko Fujita TOKYO :Yields on Japan's 10-year government bonds fell to their lowest in more than three weeks on Thursday after...

#economy #morgan #security #BOJ #moreincreases

Business / FinanceBy The Economist2023-09-29 09:07:00

Japans monetary policymakers are sticking to their guns

T here have been few months in monetary history as consequential as this September. Countries everywhere have tightened the screws on borrowers to smother...

#economy #investment #business #monetarypolicymakers #starkdifferences

MarketsBy Anviksha Patel2024-09-13 10:03:00

: Let us trade Treasury bonds without the banks, says bond giant Pimco

We believe policymakers should enact changes that lessen reliance on primary dealers to make markets in Treasuries, including by broadening access to the...

#security #cash #pimco #sheetcapacity #repofacility

Business / FinanceBy Corrienarisma2024-09-26 01:38:45

Japan’s factory activity expands at slowest pace in 20 months – flash PM

TOKYO – Japan’s factory activity growth hit a 20-month low in September, as firms struggled with a global slowdown and pressure from high energy and raw...

#energy #growthhit #pmiindex #costburdens #headlinefigure

Business / FinanceBy Cna2024-09-26 00:33:48

Japan's factory activity expands at slowest pace in 20 months - flash PMI

TOKYO : Japan's factory activity growth hit a 20-month low in September, as firms struggled with a global slowdown and pressure from high energy and raw...

#energy #growthhit #pmiindex #costburdens #headlinefigure

EconomyBy Jihye Lee2024-09-20 01:02:42

The Japanese yen is at 24-year lows. Here's what to expect at the next BOJ meeting

Key Points The Bank of Japan reportedly conducted a foreign exchange check a move seen as a precursor for a formal intervention. HSBC says BOJ will...

#government #finance #guidance #goldmansachs #JapaneseYen

MarketsBy Chikako Mogi2024-09-21 22:12:39

BOJ Curve-Control Policy Bolstered as US Yields Drop After Fed

The Bank of Japan’s yield curve-control policy looks more resilient than it has for months after US 10-year yields fell following another hawkish Federal...

#security #market #BOJ #benchmarkyield #terminalrate

Business / FinanceBy Kate Dore2024-09-23 17:55:41

Bond yields soar as markets weigh threat of a recession. What it means for your investments

Key Points Bond yields jumped this week after another major rate hike from the Federal Reserve. The 2-year Treasury yield on Friday climbed to 4.266%,...

#dow #inflation #portfolio #ceo #personalfinance

Business / FinanceBy Cna2024-09-14 00:33:50

Japan's Kanda: Will 'respond appropriately' to yen moves

TOKYO : Japan's top currency diplomat Masato Kanda warned about the yen's significant weakening overnight following U.S. inflation data, saying he was...

#yenmoves #option #japanesepolicymakers #currencyhit #fragileeconomy

MarketsBy Ayai Tomisawa2023-10-07 08:10:55

Issuers in Japan Rush to Sell Bonds as Fears of BOJ Shift Abound

Japan’s credit market saw the busiest week for new bond sales since mid-July as global banks warned to be prepared for any policy change from the Bank of...

#bloomberg #bondsales #creditmarket #policychange #globalbanks

MarketsBy John Kicklighter2023-09-29 03:30:46

S&P; 500 Ends Longest Slide Since February 2020 But Reversal Founded on BOE Stimulus Unreliable

S&P 500, FTSE 100, GBPUSD, VIX, EURUSD and USDCNH Talking Points: The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680...

#gold #bond #economy #budget #pandemic

MarketsBy Brett Miller2024-09-26 22:53:43

Asia Faces Continued Pressure on Riskier Assets: Markets Wrap

Asian markets are set for a cautious open Tuesday following another selloff in US stocks, soaring bond yields and volatile currency markets as investors...

#stock #tuesdayfollowing #freshrecord #heightenedrisk #hawkish