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CBA Expects Japanese Investors To Maintain Home Bias

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A CBA strategist notes that today’s “BoJ decision today is almost as much a shock as the Christmas Day rate hike of…. 1989. The JPY has surged, Yen yields up. The last of the anchors has been lifted. Japan will, IMO, continue to invest at home, and not be exposed to high hedge costs, FX moves and uncertainty.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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