Trial now
BUNDS

2s/10s steepest since

US TSY OPTIONS

Background on Large 5Y Put Buy

EQUITY TECHS

E-MINI S&P (Z1): Watching The 50-Day EMA

BUNDS

Quick tech - At new intraday low

US TSY FUTURES

Extending Sell-Off

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The Bank of Japan and the government must jointly take action when the economy is hit by a large shock, Deputy Governor Masayoshi Amamiya said Wednesday, although adding it is unlikely any such action will be directly coordinated. "We can lower both short- and long-term interest rates, if necessary. But (the BOJ) isn't considering concrete plans now," Amamiya said.

The government is expected to compile a supplementary budget before Lower House elections, which could prompt the central bank into considering taking further action. "We need to activate economic activity through easy policy and hope wages and prices rise, which in turn will cause a rise in interest rates," he said.

Amamiya also 'acknowledge' the side-effects of easy policy and said the central bank will continue watching the side affects of any moves.