Latest news with #SMBCNikkoSecurities'
Wall Street Journal
24-04-2025
- Business
- Wall Street Journal
JGBs Fall Amid Improving Risk Appetite
0016 GMT — JGBs fall in price terms in the morning Tokyo session amid an improving risk appetite indicated by gains in Japanese stock markets. Better risk sentiment typically reduces the safe-haven appeal of government debt. Investors may also be adopting a cautious stance before the Finance Ministry's auction today of 2.6 trillion yen of two-year sovereign notes. The outcomes of two-year JGB auctions usually don't move the JGB market, but today's auction will likely give investors an idea of the BOJ's rate-hike expectations, SMBC Nikko Securities' senior Japan rates strategist Ataru Okumura says. Five-year JGB yield is up 2.5bps at 0.925%. (
Wall Street Journal
22-04-2025
- Business
- Wall Street Journal
JGB Futures Fall Ahead of Japan's Liquidity Enhancement Auction
0020 GMT — JGB futures fall in the morning Tokyo session ahead of Japan's liquidity enhancement auction today. Investors' trading activity in Japan's bond market may be low, analysts say. 'There is a risk the superlong JGB liquidity supply auction [today] could trigger a renewed rise in yields,' says SMBC Nikko Securities' senior Japan rates strategist Ataru Okumura in a recent research report. The Finance Ministry is scheduled to offer a combined 450 billion yen worth of many issues of outstanding 20-, 30- and 40-year JGBs today. The 10-year JGB futures are 0.29 yen lower at 140.67 yen. (
Wall Street Journal
15-04-2025
- Business
- Wall Street Journal
JGBs Consolidate; Focus on U.S.-China Trade Conflict, 20-Year Auction
0013 GMT — JGBs consolidate in early Tokyo trade, with focus on U.S.-China trade conflict and today's auction of Y1 trillion in 20-year sovereign debt. The hardline stances of the U.S. and China are unlikely to suddenly soften, which means major stress for financial markets, SMBC Nikko Securities' Ataru Okumura says in a recent research report. Also, it's unclear whether the 20-year JGB auction will attract investors, the senior Japan rates strategist says. 'We advise keeping a lookout for increased volatility around the time of the auction,' Okumura adds. The five-year JGB yield is unchanged at 0.810%. (
