Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Bank of Japan Governor Haruhiko Kuroda as good as ruled out the the central bank widening its JGB trading band in this week's policy meeting and strategy review, telling lawmakers that it is important for the central bank to keep the yield curve at low level. His comments were in line with recent MNI reporting, echoing the comments of the BOJ's former head of markets Hiromi Yamaoka
Kuroda said the BOJ continues to target the 10-year long-term interest rate around zero percent and would tolerate the yield in a band 20 basis points either side of that level. Alongside that, he warned that ant excess drop for longer-end bond yields would have a negative impact on life insurance firms and pension funds.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.