Jun Ishii
Jun Ishii
banking bet bonds current easing fully japan money notes price reduction
Five-year notes are a better bet as they have priced in a reduction of the money in the banking system. Long bonds have yet to fully price in the probability that the Bank of Japan will end the current easing policy.
deflation economy economy-and-economics expanding help increasing keeps shows signs sustain
Japan's economy keeps expanding and shows increasing signs that deflation is fading. Expectations for an end to deflation will help sustain growth.
concern economy edge fuel japanese lower yields
Yields will probably edge lower as a slowdown in the U.S. economy may fuel concern about Japanese exporters.