Japanese bonds and equities fell immediately after the Bank of Japan's decision to leave its monetar...
Japanese bonds and equities fell immediately after the Bank of Japan's decision to leave its monetary policy unchanged, dashing hopes it would expand the supply of yen that banks can use to buy debt The six-year bond, a favoured target for such purchases, posted its biggest decline in six weeks Investors were hoping the 21 September meeting of BOJ policy-makers would provide more cheap funds to buy bonds with. Declines in 10-year bonds were limited after the yen surged, which could keep Japanese investors away from stocks and foreign bonds Masaru Hamasaki, a manager in the treasury depar...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes