Japan's 10-year JGB yield has risen to 1.05%, the highest since 2012. BOJ Governor Ueda maintains a positive outlook on Japan's economic recovery despite Q1 GDP contraction, focusing on auto output recovery and inflation easing. Ueda emphasizes market determination of bond yields and cautious approach to inflation targeting frameworks.
🇯🇵 Ueda has said the central bank intends to hike rates to levels considered neutral for the economy, as long as growth and inflation move in line with its projections. Markets are expecting the BOJ to soon embark on a full-fledged tapering of bond purchases, sending the 10-year… https://t.co/lYGZfgYYXF
Ueda Says BOJ Will Proceed Cautiously with Inflation Targeting Frameworks https://t.co/vbwvVEqrES
Japan's Bank of Japan Governor Ueda announces intention to take cautious approach in upcoming monetary policy decisions. #BOJ #monetarypolicy
Ueda says BOJ will proceed cautiously with inflation targeting frameworks https://t.co/yGsDNJxPJn https://t.co/4aTC9Od2Nf
⚠️ UEDA SAYS BOJ WILL PROCEED CAUTIOUSLY WITH INFLATION TARGETING FRAMEWORKS Full Story → https://t.co/GuGUmc9FEF https://t.co/amlihX4biJ
BOJ GOVERNOR UEDA TO PROCEED CAUTIOUSLY
BOJ GOVERNOR UEDA: RE-ANCHORING INFLATION EXPECTATIONS NECESSARY
The BOJ's basic stance is for long-term interest rates to be set by markets, governor Kazuo Ueda said, offering no strong concern over a rise in the benchmark 10-year government bond yield to a 12-year high. https://t.co/ZYxPYCCk0d
New Bank of Japan Governor Kazuo Ueda indicated that he has no major problem with long-term bond yields rising to the highest level since 2012, saying they should be guided by markets. “Long-term bond yields are determined by financial markets in principle,” Ueda told reporters… https://t.co/ycXFc4KJoG
Bank of Japan Governor Kazuo Ueda indicated that he has no major problem with long-term bond yields rising to the highest level since 2012 https://t.co/g7DvPJoKY4
Bank of Japan Governor Ueda states that bond yields are primarily determined by the market. #finance #BOJ #bondyield
🇯🇵 Comments from Bank of Japan officials BOJ GOVERNOR UEDA: **WON'T COMMENT ON DAY-TO-DAY MOVES IN JAPAN'S LONG-TERM INTEREST RATES BOJ'S UEDA: **OUR BASIC VIEW IS THAT LONG-TERM RATES ARE SET BY MARKETS **JAPAN FINANCE MINISTER SUZUKI: RISE IN JAPAN'S LONG-TERM INTEREST…
BOJ GOVERNOR UEDA TO CLOSELY MONITOR BOND MARKET
🇯🇵 #BOJ's Ueda sticks to economic recovery view, keeps alive rate hike chance – Reuters https://t.co/XM8duCBjR0
JAPAN'S 10-YEAR GOVERNMENT BOND YIELD INCREASES TO 1.005%, HIGHEST IN NINE YEARS
10 year Japanese Government Bond yield rises higher, to 1.05%, highest since April 2012 https://t.co/oNcRohTLHe
There is no markets story currently that is more fascinating than Japan. A few weeks ago, Japan used official FX intervention to stop the slide in the Yen. Then it allowed 10-year JGB yield to rise above 1%, again in an effort to stabilize the Yen. But the Yen keeps falling... https://t.co/otOFoTqR8t
BOJ Governor Kazuo Ueda says that there’s no significant change in his central bank’s view for a gradual recovery in the economy even after it contracted last quarter https://t.co/eURtZM3i1Y
⚠️ BOJ'S UEDA STICKS TO ECONOMIC RECOVERY VIEW, KEEPS ALIVE RATE HIKE CHANCE Full Story → https://t.co/sMFsP5yNwG Bank of Japan Governor Kazuo Ueda said on Thursday the economy was on track for a moderate recovery, suggesting a slump in first-quarter gross domestic product… https://t.co/ICqbvaOwTI
BoJ’s Ueda: Our View on Global Economy Has Not Changed Much Since BoJ’s Policy Meeting in April BoJ’s Ueda: Don’t See Any Fresh Risks Regarding Overseas Economic Outlook
Japan on track for recovery despite weak GDP, says BOJ’s Ueda
BOJ Ueda: No change in view of Japan economic outlook despite Q1 GDP contraction https://t.co/jlBLXthC4O
BoJ Governor Ueda: No Change To View On Japan's Economic Outlook Despite Negative Q1 GDP Growth - Q1 GDP Contraction Due In Large Part To Drop In Auto Production And Impact On Consumption And Exports - Much Of Focus Is On Likelihood Of US Soft Landing
BOJ'S GOVERNOR UEDA: I DON'T SEE ANY FRESH RISKS REGARDING OVERSEAS ECONOMIC OUTLOOK.
BOJ'S GOVERNOR UEDA: THE BIGGEST FOCUS REGARDING OVERSEAS RISKS WOULD BE WHETHER THE US ECONOMY WILL ACHIEVE A SOFT LANDING.
BOJ'S GOVERNOR UEDA: I EXPECT AUTO OUTPUT TO RECOVER IN Q2 ONWARD AND FOR COST-PUSH INFLATION TO KEEP EASING AND UNDERPIN CONSUMPTION.
BOJ'S GOVERNOR UEDA: OUR VIEW ON THE GLOBAL ECONOMY HAS NOT CHANGED MUCH SINCE BOJ'S POLICY MEETING IN APRIL.
BOJ'S GOVERNOR UEDA: JAPAN'S Q1 GDP CONTRACTION WAS DUE LARGELY TO DROP IN AUTO OUTPUT AND ITS IMPACT ON CONSUMPTION AND EXPORTS.
BOJ'S GOVERNOR UEDA: THERE IS NO CHANGE OF VIEW ON JAPAN'S ECONOMIC OUTLOOK DESPITE Q1 GDP CONTRACTION.
BOJ'S GOVERNOR UEDA: A SOFT LANDING IS A KEY ISSUE FOR THE GLOBAL ECONOMY.
Japan's 10-year JGB yield just rose to 1% for the first time since 2012. This is still very low given Japan's debt burden. Other countries with far lower debt have yields around 4%, so a true "market" yield for Japan would be well above that, which would spark a fiscal crisis... https://t.co/x85wmaOyqV