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JGB yields mixed as BOJ rate hike concerns limit safe-haven bids
Japanese government bond (JGB) yields struggled for direction on Wednesday, as concerns about another rate hike as soon as December limited safe-haven bids following Ukraine’s strike against Russia overnight. Ukraine used US ATACMS missiles to strike Russian territory on Tuesday, taking advantage of newly granted permission from the outgoing administration of US President Joe Biden on the war’s 1,000th day. The news sent US Treasury yields lower on Tuesday, but yields have since edged higher during Asian trading hours. Buying of JGBs was likewise limited, with investors weighing the possibility that the Bank of ... (full story)
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- Posted: Nov 20, 2024 3:17am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,111
