JGBs Fall on Prospects for Quicker Pace of BOJ Rate Hikes

Dow Jones
昨天

0021 GMT - JGBs fall in price terms in morning Tokyo session on the prospects for a quicker pace of BOJ rate hikes. The BOJ Tankan survey released earlier showed "overall business conditions were the most favourable in decades, which should encourage the Bank of Japan to keep tightening policy at a faster pace," Capital Economics' Marcel Thieliant says in a commentary. Also, the Tankan "won't dispel the BOJ's concerns about upside risks to inflation and we're sticking to our view that the [central] bank will lift its policy rate to 2% by mid-2027," the head of Asia-Pacific adds. Ten-year JGB yields rise 2.5 bps to 3.085%.

 

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