The Nikkei flirts with valuations not seen in over a generation as the Yen depreciates while Yen rate and basis remain highly unchanged – The MUFG Global Markets Podcast

The Nikkei Average continues its upward climb. USDJPY has kept pace, topping the 140-mark. On the other hand, JGB yields and JPY basis have remained little changed.

In today's episode, MUFG Chief Japan Strategist Takahiro Sekido reviews asset price developments during May and looks ahead to June based upon BoJ monetary policy and fiscal and monetary fund flows. He also shares his views on spot Dollar/Yen, Yen rate, and Yen basis.

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