Long-Term JGB Yields Largely Steady as BOJ Starts Two-Day Meeting
Dow Jones
1 hour ago
0052 GMT - Long-term Japanese government bond yields are largely steady as recent upward momentum in crude oil prices eases, moderating inflation fears. The Bank of Japan begins its two-day policy board meeting on Thursday. The central bank is widely expected to raise its policy rate to mitigate upside risks of inflation, though some economists say such a move could discourage corporate capital expenditures at a time when the U.S.-Iran war has raised uncertainty over the economic outlook. Investors are focusing on policy-related developments and crude oil prices. The 10-year JGB yield is down half a basis point at 2.990%. The 20-year yield is 2 basis points lower at 3.835%.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.