The Bank of Japan debates monetary policy as the Yen threatens to break 20 year lows: The MUFG Global Markets Podcast

The 10Yr JGB zone has been dented as USDJPY continues to climb and the JGB yield curve steepens. Market speculation about Bank of Japan yield control operations persists ahead of the central bank’s June meeting. USDJPY basis has widened in line with U.S. rates. The Nikkei Average is lurching along. 

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido reviews lifers’ FY21 earnings results and changes in their asset management portfolios, analyzes JPY cross asset developments in May, and previews the June BoJ meeting. He also shares his views on Dollar/Yen, Yen rate, and Yen basis.

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