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Ueda Confirmation Hearing To Headline This Week

JGBS

JGB futures rebounded from session lows in the final overnight session of last week, taking their cues from U.S. Tsys & EGBs ahead of the weekend, to finish +2 vs. Tokyo settlement, just off their overnight session peak.

  • BoJ Rinban operations headline today’s local docket, covering 1- to 10- & 25+-Year JGBs.
  • Further out, Japanese PM Kishida’s nominee to succeed outgoing BoJ Governor Kuroda, Kazuo Ueda, will appear at a confirmation hearing in the lower house of parliament on Friday. The government has touted Ueda’s communication skills as a major factor behind his nomination for the role. A reminder that the Bank is expected to move away from ultra-loose policy settings in the post-Kuroda era and this hearing could give the first meaningful insight into Ueda’s preferences when it comes to policy settings.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBank of Japan (BOJ) Market NewsBulletMarketsFixed Income Bullets
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBank of Japan (BOJ) Market NewsBulletMarketsFixed Income Bullets

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