Recessions risks knock stocks, speculators drawn back to yen

The BOJ has pursued ultra-easy policy settings for decades in an attempt to generate inflation and growth, but markets doubt it can keep that up, and traders have been selling Japanese government bonds and buying yen to bet on a shift., at least for now.

"There's an intense amount of speculation in the market that now that the January meeting has happened without any changes ... that we'll see something in March," said Shafali Sachdev, head of FX, fixed income and commodities in Asia at BNP Paribas Wealth Management in Singapore. April was another possibility, she added, since by then the BOJ would have a new governor. "My guess would be that more speculators would look to build positions going into these meetings."

Ten-year Japanese government bonds , the focus of markets' challenge to the BOJ because of the zero-yield target and 0.5 percentage point limit on its upward movement, yielded 0.415%.

￥1,000-なのねｗ

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stock Market: Nikkei225 stands out on development over BOJ’s novel leadership, oil recoversMarkets in the Asian domain are displaying mixed signals amid respective developments. The market mood has caught caution as US Treasury yields have e
Source: FXStreetNews - 🏆 14. / 72 Read more »

Asian Stock Market: Nikkei225 roars as BOJ keeps policy intact, oil reclaims $81.00Markets in the Asian domain are displaying mixed signals amid respective developments. Japanese equities have got an adrenaline rush as the Bank of Ja
Source: FXStreetNews - 🏆 14. / 72 Read more »