Japanese Government Bond Futures Dip Amid Fiscal Concerns

Deep News
Jan 20

Japanese government bond futures edged lower in early Tokyo trading due to fiscal concerns in Japan. Prime Minister Sanae Takaichi announced on Monday her plan to dissolve the lower house of parliament this Friday. She confirmed that the official campaign period will commence on January 27th, with the vote scheduled for February 8th. "This raises the possibility of implementing more expansionary fiscal policies," said Sam Jochim of EFG in an email. The economist added that a decisive victory for the Liberal Democratic Party could "reignite the Sanae Takaichi rally, which would boost Japanese stocks and lead to selling of Japanese government bonds and the yen." The yield on the 10-year Japanese government bond rose by 3.0 basis points to 2.3%. The yield on the 20-year Japanese government bond increased by 4.0 basis points to 3.295%.

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10