Japanese investors reshuffle U.S. bond and Japanese stock positions with implications for Yen basis arbitrage: The MUFG Global Markets Podcast

The Yen continues to weaken. In contrast, the Nikkei, Yen rate, and Yen basis have been relatively flat. Finance Minister Suzuki has shown concern for Yen weakening, while Bank of Japan Governor Kuroda appears to be more positive.  

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido dissects U.S. bond investing flows based on the February USTIC data and discusses the attributes of Japan stock investing flows as reflected by JPX data and what to expect from the Kishida administration. He also shares his views on Dollar/Yen, Yen rate, and Yen basis.

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