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Japan's 2-year government bond yield hits highest since 1996, fueling fears of an imminent BoJ rate hike. Markets could react with volatility. #JGBs #BoJ #FinancialMarkets #StressStreet

ADMIS Inc. & ADMISI Ltd. joint analysts podcast today ( www.youtube.com/watch?v=16Vi... ). I spoke about #FX #Silver & #Futures on #Bonds #Bunds #JGBs #Sugar #Cocoa & #Wheat …plus much more… #TechnicalAnalysis

(agree) So there are reasonable arguments that #JGBs reflect a healthy economic #normalisation. As for the Bank of #Japan, it
opted not to hike rates at its meeting last week, and is in less hurry to normalise. That said, rate expectations are
rising.

#Japan
40y #JGBs on Monday sailed clean through 4% for the first time. Investors in ultra-long maturity JGBs have now lost a cool fifth of their money over the past year alone, chart @alphaville.ft.com
www.ft.com/content/d271...

Return of the Three-Headed Bond Monster Over Tokyo The rampage of the vigilantes is running through Greenland to the US.

“Much like Godzilla’s fearsome foe #Ghidrah, this monster has at least three heads. But it’s not clear that all can be attributed to the shock-horror in #Japan.” #bonds #bondmarkets #JGBs www.bloomberg.com/opinion/news... 🎁🔗

📊 move and keeping Tokyo stocks defensive.

#Japan #JGBs #JapanPolitics #Tariffs

#Japan #JGBs #JapanPolitics #Tariffs

Japanese fixed-income buyers are now thinking with "more of a global perspective than they might have done in the past,” according to Aviva Investors' Fraser Lundie. #Investors #Income #GlobalBonds #Aviva #JGBs #InterestRates #Trade #InternationalInvesting

Japan’s markets brace for election impact on JGBs, yen By Junko Fujita and Kevin Buckland TOKYO (Reuters) -Heading into the most consequential Japanese upper house election in memory and a possible defeat for the coalition of Prime Minister Shigeru Ishiba, investors are weighing whether a record sell-off in the nation’s debt has further to run. Japanese government bonds (JGBs) plunged this week, sending yields on 30-year debt to an all-time high, while the yen slid to multi-month lows against the U.S. dollar and the euro. Polls have only gotten worse for Ishiba’s ruling Liberal Democratic Party and junior coalition partner Komeito in the final run-up to Sunday’s vote, where upstart parties campaigning on increased spending and tax cuts are likely to gain seats. These are the main scenarios investors and analysts are considering: The LDP coalition retains its majority Analysts generally say the most bullish case for the JGB market and the yen is if the government can hold on to a majority. The government’s overall debt burden, while still the highest in the developed world at about 250% of gross domestic product, is on a declining trend. "It is difficult to conclude that Japan’s fiscal condition is on a path of continuous deterioration," said Koichi Fujishiro, an economist at the Dai-ichi Life Research Institute. "Once the upper house election is over, upward pressure on interest rates stemming from expectations of increased fiscal spending may begin to ease." A victory for Ishiba’s coalition would likely see a recovery for the JGB market, where an eight-day sell-off sent yields on 30-year debt up 35 basis points (bps) to a record 3.20% on Tuesday. "If this scenario plays out, some of the JGB shorts look vulnerable, as Ishiba is expected to resist talk of debt-financed tax cuts," Standard Chartered analysts said in a note. LDP coalition is weakened, and Ishiba steps aside An increasingly likely outcome is that Ishiba’s coalition fails to win the 50 seats needed to retain its upper house majority, forcing it to seek additional partnerships. Among the most likely candidates is the Democratic Party for the People (DPP), which has urged the Bank of Japan to reverse course and again loosen monetary policy. The surge in JGB yields this week was the market pricing in such a scenario, said Takashi Fujiwara, chief fund manager at Resona Asset Management’s fixed income investment division. Within the LDP, a leading candidate to replace Ishiba, should he be forced to step down, is Abenomics proponent Sanae Takaichi, who has advocated for a resumption of monetary easing by the BOJ. The resulting political uncertainty from an Ishiba resignation could be a trigger for foreign investors to sell Japanese shares and the yen, according to analysts, with TD predicting the dollar-yen rate could "easily break above" the 200-day moving average of 149.70. For Japanese stocks, though, a sell-off may be temporary, as the overall framework and policies of the LDP are likely to remain intact, said Yugo Tsuboi, the chief strategist at Daiwa Securities. On the contrary, "if Ishiba stays, that’s negative for stocks, because political uncertainties will remain, which the market doesn’t like," Tsuboi said. Outsider parties make major gains Analysts say that a strong showing by outsider parties on Sunday would be the most disruptive to Japan’s markets. All three leading opposition parties back some form of consumption tax cuts, with the populist, right-wing Sanseito proposing a phase-out of VAT altogether. "If the DPP and Sanseito, which are calling for an increase in JGB issuance, fare even better than in the polls, we could see even further bear-steepening," Barclays analysts wrote in a note, referring to a sharper rise in longer-dated bond yields than shorter-dated ones. They estimate that a 5 percentage point cut to Japan’s sales tax, currently at 10%, would lead to a 15-20 basis point increase in the 30-year yield. SCGLY)’s Jin Kenzaki said in a note. The chances of that outcome are only about 10%, Kenzaki wrote, but in such an event, "long-term interest rates will rise significantly from the beginning of the term and remain high." With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Sure, there are always opportunities in the stock market – but finding them feels more difficult now than a year ago. Unsure where to invest next? One of the best ways to discover new high-potential opportunities is to look at the top performing portfolios this year. ProPicks AI offers 6 model portfolios from Investing.com which identify the best stocks for investors to buy right now. For example, ProPicks AI found 9 overlooked stocks that jumped over 25% this year alone. The new stocks that made the monthly cut could yield enormous returns in the coming years. Is SCGLY one of them?

Click Subscribe. #Japan #ElectionImpact #FinancialNews #JGBs #Yen

Click Subscribe. #Japan #Elections #MarketImpact #Yen #JGBs

🇯🇵 Since peaking in September 2019, 30-year Japanese government bonds #JGBs have lost 46% of their values.

Japan to promote domestic ownership of JGBs, policy draft shows Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Click Subscribe. #Japan #JGBs #Finance #Investing #EconomicPolicy

🇯🇵 Since peaking in September 2019, 30-year Japanese government bonds #JGBs have lost 45% of their values.
$USDJPY

Click Subscribe. #BOJ #JGBs #Investing #FinanceNews #MarketTrends

Trump tariff worries spur record overseas demand for JGBs Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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ICYMI - BOJ will reduce purchases of 10–25-year JGBs for the first time Reports overnight of the Bank of Japan trimming Japanese Government Bond purchases. In summary .... BOJ to reduce super-long bond purchases under QT plan: * First cut to super-long bonds: BOJ will reduce purchases of 10–25-year JGBs for the first time since starting quantitative tightening in 2023. * Monthly bond buying cut: April–June purchases will drop by ¥395 billion to ¥4.105 trillion. * Specific reductions: * 10–25 year bonds: down to ¥405 billion/month (from ¥450B). *

| ctrendfx.com | bit.ly/CTrendFX1 #BOJ #JGBs #QuantitativeTightening #FinanceNews #Investment

BOJ says to raise rates if price target to be achieved, despite losses on JGBs Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Click Subscribe. #BOJ #InterestRates #Economy #FinanceNews #JGBs

Bloomberg - Are you a robot?

RT @adamposen: Grateful for today's long interview @BloombergTV #Japan and #JGBs, #BoE and #sterling, #Fed, #ECB http://bloom.bg/11sLP3s

Good piece coming out in the #AsiaBrief tomorrow on the risks and rewards of high real yields on #JGBs...