Bonds rise, US long-term interest rates fall due to downturn in benchmarks – BOJ purchase results to be seen – Bloomberg

2023-08-29 22:52:00

The bond market is expected to rise on the 30th. Long-term interest rates in the United States will take over the downward trend in the number of job openings and the consumer confidence index. The Bank of Japan is also taking a strong stance to carefully monitor the amount offered and the results of its government bond purchase operations.

Katsutoshi Inadome, senior strategist at Sumitomo Mitsui Trust Asset Management Co., said he expects sluggish growth following buying takes precedence due to lower overseas interest rates. The decision to postpone the declaration of an exit from deflation in the White Paper on the Economy and Fiscal Policy released on the 29th will provide support through receding expectations for early monetary normalization. I don’t think so.

The expected range for the yield of the new 10-year 371st issue is 0.625% to 0.64% (0.64% on the 29th), and the Sept. )

U.S. job openings hit 2-year low in July

U.S. Consumer Confidence Index Falls More Than Expected in August

In futures night trading, the September contract was 146.90 yen, down 2 yen from the daytime trading closing price on the 29th.

Bank of Japan operation

Covers remaining maturities of 3 years to 5 years, 5 years to 10 years, 10 years to 25 years, and over 25 years.The previous purchase amounts were 450 billion yen, 675 billion yen, 200 billion yen, and 100 billion yen, respectively. The same operations targeting the cheapest stocks (Cheapest) will also continue

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