JGBs Mixed; May Track U.S. Treasurys
0019 GMT — JGBs are mixed, but may track overnight price gains in U.S. Treasurys. Both JGBs and Treasurys tend to move in tandem. For today, the Japanese Ministry of Finance's auction of 2.6 trillion yen in 10-year JGBs could be digested smoothly, Citi Research's Tomohisa Fujiki says in a research report. The underperformance of the 10-year yield on the curve and the level of the yield should be supportive, the rates strategist says. Investors may look to sell 30-year JGBs in a bull market and 5-year sovereign notes in a bear market, Fujiki adds. The 2-year JGB yield is unchanged at 0.825%; the 5-year yield is up 0.5bp at 1.045%; the 10-year yield is down 0.5bp at 1.400%. (ronnie.harui@wsj.com)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Oregon Climate Protection Program Analyst Report 2025: Long-term Obligations through 2035 - Sectoral Impacts of Oregon's CPP
Explore Oregon's updated Climate Protection Program with an in-depth analysis of its regulatory design and compliance timelines. Discover expected impacts on fuel suppliers and gas utilities, along with an evaluation of early abatement signals and long-term obligations through 2035. Dublin, June 09, 2025 (GLOBE NEWSWIRE) -- The "Oregon Climate Protection Program | A Revamped Program | Analyst Note" report has been added to offering. This analyst note explores Oregon's updated Climate Protection Program (CPP), analyzing the regulatory design, compliance timelines. The note examines expected sectoral impacts, particularly on fuel suppliers and gas utilities, and assesses early abatement signals and long-term obligations through 2035. Key Topics Covered: 1. Emission Profile 2. Program Introduction 3. Market Mechanisms 4. Long Term Market Outlook 5. Deep Dive: Fuel Suppliers and NG in CP1 List of TablesTable 1: Emissions for Early Reduction Instrument CalculationsTable 2: Allocation to LDCsTable 3: Emissions Reduction Targets for Covered EITES/DNG SourcesTable 4: EITE SourcesTable 5: Compliance Instrument ReserveTable 6: Fuel Supplier DeficitTable 7: LDC Supplier Deficit List of FiguresFigure 1: Oregon's Historic GHG InventoryFigure 2: Percentage of Emissions (2021) Covered in CPPFigure 3: Fuel Supplier EmittersFigure 4: Natural Gas EmittersFigure 5: Top 15 EITE/DNG EmittersFigure 6: 2023 EITEs/DNG Emissions by SectorFigure 7: CPP 2024 Annual Budget 8: Annual Average Cap Reduction14Figure 9: Sectoral Cap Reduction.25Figure 10: CCI UsageFigure 11: Demand, Supply and BankFigure 12: Demand and Supply without Early Reduction InstrumentsFigure 13: Natural Gas Demand, Supply and DeficitFigure 14:EITEs/DNG Demand, Supply and DeficitFigure 15: Fuel Supplier Demand, Supply and Deficit For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Yahoo
3 hours ago
- Yahoo
Canada promises to boost defense spending, meet NATO target much earlier
By Wa Lone TORONTO (Reuters) -Canada's Liberal government will pour extra billions into its armed forces and hit NATO's 2% military spending target this fiscal year, five years earlier than promised, Prime Minister Mark Carney said on Monday. Canada has been under pressure from the United States and other NATO allies for years to increase military funding. Canada currently spends about 1.4% of GDP on defense. "Now is the time to act with urgency, force, and determination," Carney said in a speech in Toronto, reiterating promises to work more closely with Europe's defense industry. Carney won the April 28 election on a promise to stand up to U.S. President Donald Trump's tariffs and also to reduce the country's military reliance on Washington. Carney said another reason for Ottawa to act was what he called the decision by the United States to gradually withdraw from the concept of collective security. "Rising great powers are now in strategic competition with America. A new imperialism threatens. Middle powers compete for interests and attention, knowing that if they are not at the table, they will be on the menu," he said. The previous Liberal government last year formally committed to hit the NATO target by 2032. During the election campaign Carney pledged to get to 2% by 2030. Canada will boost pay for the armed forces and buy new submarines, aircraft, ships, armed vehicles and artillery, as well as new radar, drones and sensors to monitor the sea floor and the Arctic, Carney said. "The transformation of our military capabilities can help transform our economy," he said. Officials are due to give more details of the plan before Carney speaks to the media at 1 p.m. Eastern Time (1700 GMT). (Additional reporting by Nilutpal Timsina in Bengaluru and Promit Mukherjee; writing by David Ljunggren; editing by Rod Nickel)
Yahoo
5 hours ago
- Yahoo
4 Things You Should've Learned About Your Money in May 2025, According to Suze Orman
May was a wake-up call for investors. If you found yourself panicking about the stock market, doubting your investments or second-guessing your financial decisions, you weren't alone. Learn More: Read Next: According to financial expert Suze Orman, May was also full of lessons that could shape your financial future moving forward. Here are four things you should've learned. When the stock market was taking a nosedive, many people wanted to pull out their money because of fear of seeing their investments lose value. However, the market surprised everyone in May. The S&P 500 and Nasdaq ended May in the green, with the best returns seen since 2023. 'If you are invested in the stock market, stay invested in the stock market as long as you know what you are invested in is good quality,' Orman said. The key is having a long-term horizon of at least five years and continuing to dollar-cost average into quality investments even in a shaky economy. May revealed massive changes in the housing market, with inventory levels rising dramatically. 'We're kind of turning from a seller's market to a buyer's market,' Orman noted. If you're buying, don't feel pressured to overstretch your budget just to get a home. 'You can demand what you want. You can negotiate your price,' Orman said. On the flip side, sellers need to be realistic. Overpricing a home in today's market could mean lower chances of selling it. If you're worried that U.S. treasuries are no longer safe, Orman is reminding you that 'Treasurys are not going to go under. They just can't, and they won't.' Interest rates are up on Treasurys because of what's happening with the tariffs. She emphasized to stop listening to what tariffs are doing and keep buying the investments you want. If you panic-sold your investments when the market was plummeting, you're probably regretting it. And if you try to get in now, you'll likely do it at a lot higher price. Orman recommended dollar-cost averaging instead of trying to time the market. If you have $24,000 to invest, she recommended investing small amounts, say $1,000 or $2,000 a month. That way, you stay invested without trying to predict every market move. The most important lesson of all is your mindset matters. Orman wants people to embrace the ups and downs of the market, because being an investor means sticking to your plan regardless of where the market goes. 'Be an investor, not a trader,' she said. More From GOBankingRates 3 Luxury SUVs That Will Have Massive Price Drops in Summer 2025 7 Luxury SUVs That Will Become Affordable in 2025 How Much Money Is Needed To Be Considered Middle Class in Every State? This article originally appeared on 4 Things You Should've Learned About Your Money in May 2025, According to Suze Orman Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
