Japanese Government Bond Yields Rise to 12-Year High as Investors Focus on Japanese Consumers and Australian Inflation
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#197073c6 ver:0.2
Japanese government bond (JGB) yields rise to 12-year high, causing investor scrutiny on Japanese consumers and Australian inflation. Bank of Japan (BOJ) Governor states long-term bond yields should be set by markets. Rising yields may increase BOJ's interest bill and support yen, but could pressure Japan Inc. Key developments to watch: Australia's inflation data and Japan's consumer confidence. JGB yields struggle for direction as investors await clues on interest rate paths of Federal Reserve and BOJ. BOJ likely to project inflation staying around 2% target for next three years. Yen hits 34-year low against USD. JGB yields end volatile year with 21 basis points rise. Expectations of BOJ scaling back ultra-loose monetary policy. US Treasury yields and US PCE reading to impact JGB yields. JGB yields climb, tracking rise in US Treasury yields ahead of Federal Reserve's policy meeting. BOJ raised rates for first time since 2007 in March. #JGB #yields #BOJ #inflation #USD #Fed...
#newstr #JapaneseGovernmentBondYields #Jgb #BankOfJapan #Boj #InterestRates #Inflation #JapaneseConsumers #AustralianInflation
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