Sentences with phrase «japanese government bonds»

Yields on Japanese government bonds due in five years today rose the most since 1999 after consumer prices surged 1.2 percent in March from a year earlier.
This involves both limiting duration exposure in most economies — we own no U.S. Treasuries or Japanese government bonds — and using currency and other exposures to potentially benefit from rising rates.
Components of «MASH» include zero - coupons, TIPS, munis, long - dated treasury bonds, gold, German bunds, Japanese government bonds, the yen, the dollar and the Swiss franc.
In the short - run, the Bank of Japan's $ 660 + annual buying binge of Japanese government bonds will likely continue to push up the price of Japanese government bonds.
AFLAC is heavily exposed to Japanese government bonds.
Over 38 % of the company's debt securities are Japanese government bonds.
As for specifics on what the BOJ had to say, well, the BOJ maintained its current monetary policy, including its so - called QQE with yield curve control framework that targets the bond yields of 10 - year Japanese government bonds.
Similarly, low or negative, yields in short - dated European and Japanese government bonds represent essentially no value whatsoever to investors today, in our view.
As for its asset purchase program, the BOJ reaffirmed that, in keeping with its so - called «QQE With Yield Curve Control» framework, the BOJ «will purchase Japanese government bonds (JGBs) so that 10 - year JGB yields will remain at around zero percent.»
Many Swiss, German, and Japanese government bonds are trading at negative yields.
FTSE Custom MASH has access to Japanese government bonds and German bunds on foreign exchanges.
Currently, 38 % of the company's investment portfolio is in Japanese government bonds.
Since the BOJ already owns close to half of all outstanding Japanese government bonds of a 10 - year maturity and below, its move was viewed by some market participants as, in effect, a tacit admission the BOJ had reached the limit for QE and possibly the first stage of a taper of its bond purchases.
Meanwhile, the BOJ's main quantitative easing scheme already has it spending a whopping 80 trillion yen a year on Japanese government bonds.
Michael Oliver explains why he believes the big market event of 2018 will be the collapse in the U.S., German and Japanese government bonds.
Yields on 10 - year Japanese government bonds have also fallen back to be close to the lowest they have been in the past eighteen months.
What is the real story behind the Bank of Japan's quantitative and qualitative using program which begun in 2013 augmented with a negative interest rate policy for large scale purchases of Japanese government bonds?
John Seagrim of CLSA points out that despite having yielded very little for a very long time, Japanese Government Bonds (JGBs) have been surprise performers in 2016.
«Gold ranks higher than all European sovereign debt markets, and trails only US Treasuries and Japanese government bonds.
Base money and the central bank's holdings of Japanese government bonds (JGBs) each have swollen to almost ¥ 400 trillion ($ 3.9 trillion), which is now 80 percent of the country's GDP, and they continue to expand at a pace of ¥ 80 trillion ($ 780 billion) annually.
The fund held $ 75 billion in U.S. Treasuries at the end of the first quarter, $ 22 billion in Japanese government bonds and $ 14 billion in Germany's debt.
For example, the performance of U.S. equities, global discretionary and materials stocks, Japanese government bonds and copper all line up with the market being within a 12 - month peak.
Expectations that sales of Japanese government bonds by the GPIF would partially offset bond purchases by the Bank of Japan also played a role.
For starters, despite the Fed's interest rate hikes, the rate differentials with Japanese government bonds and German Bunds were near extremes, suggesting the markets were already reflecting the worst of policy divergence.
For example, the Bank of Japan is currently targeting the purchase of more than $ 700 billion of Japanese government bonds per year, or approximately 15 % of the country's gross domestic product (GDP).
Investors famously shorted Japanese government bonds, or JGBs, a few years ago but got burned; the bearish trade was dubbed the «widow - maker.»
Type 3: The value - at - risk (VAR) shock in Japan in 2003 occurred when fears spread that the Bank of Japan, which was already doing QE before it was called QE, would taper its purchases of Japanese Government Bonds.
He also talked about Japan and Japanese Government Bonds, which are up over 30 % with extremely low trading volume.
The central bank said it will purchase Japanese government bonds so that the yield on the 10 - year note will remain at around zero percent.
Japanese government bonds skidded in their worst sell - off in more than three years, despite weaker stocks, accelerating a slide begun in the wake of last Friday's Bank of Japan easing steps that disappointed many investors.
Huge purchases of longer - dated Japanese government bonds is a natural way to ease monetary policy, but central bankers must monitor the side - effects, Haruhiko Kuroda, the government's nominee to be the next Bank of Japan governor, said on Monday.
«If they do target aggressively the 2 percent inflation target, and undertake a significant amount of QE, that may have an impact on underlying JGB (Japanese government bond) yields as investors become concerned over Japan's debt,» he said.
He has implemented a massive stimulus policy by cutting the central bank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchases.
But «investors» is a funny word these days of central - bank craziness: the entity that buys every Japanese government bond that isn't nailed down is the Bank of Japan.
The 10 - year Japanese government bond didn't even trade on March 13, according to broker - dealer Japan Bond Trading.
The BOJ plans to remain active in the 10 - year sector and focus on keeping the rate of the 10 - year Japanese Government Bond at around zero.
After trading in line with US yields for much of 2004, movements in European and Japanese government bond yields have decoupled from those in the US in recent months, largely reflecting the scaling back in the outlook for economic growth in both economies.
In response, the 10 yr Japanese Government Bond yield has dropped to 0.82 % / yr.
On the other hand, the Bank of Japan has announced that it will begin an «unlimited» Japanese Government bond buying program.
From a global policy perspective, we think the Fed's recent hikes are the first stage in a cycle that will later this year see the European Central Bank (ECB) discuss a more normalized rate policy, and then lastly Japan's BoJ may at least expand its 10 - year Japanese government bond (JGB) yield target range.
A Japanese Government Bond (JGB) futures contract also is listed for trading on Liffe.
One option is the Powershares DB Inverse Japanese Government Bond ETN (NYSE: $ JGBS), though you should be careful with this one.
In terms of market size, growth of the Japanese government bond market has been steady in recent years; it expanded 5 % YTD as of Sept. 29, 2016, and it increased by a multiple of four, to JPY 1,115 trillion, since the index was first valued in 1998.
The BOJ's decision to anchor 10 - year Japanese government bond (JGB) yields around zero has led to a yawning differential with 10 - year Treasury yields.
Due to liquidity restraints, I do not recommend the use of U.S. ETNs like Powershares DB German Bund Futures (BUNL) or PowerShares DB Japanese Government Bond Futures (JGBL).
Last month the Bank of Japan (BoJ) introduced a novel plan to target the 10 - year Japanese government bond yield, shifting its focus from bond purchases to a long - term rate peg.

Not exact matches

And while we're starting to see is that the bond yields on the German, Japanese and United States government bonds are beginning to all rise.
German 10 - year government bond yields could soon join Japanese and Swiss peers in sub-zero territory.
If an aggressive investor wishes to construct a portfolio composed of Japanese equities, Australian bonds and cotton futures, he can purchase stakes in the iShares MSCI Japan ETF, the Vanguard Australian Government Bond Index ETF and the iPath Bloomberg Cotton Subindex Total Return ETN.
While CDS rates reflect concerns about Japan's fiscal condition, low bond yields show that investors see a dearth of viable alternatives to Japanese government debt.
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