Reuters conveying opinion from MUFG’s Market Head

  • Lingering concerns about govt finances likely to keep investors on guard against buying JGBs
  • BOJ could move to end negative interest rates as early as in January
  • BOJ will probably have to maintain the YCC framework to avoid any abrupt rise in long-term interest rates

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Mitsubishi UFJ Financial Group is the world's second-largest bank holding company and second largest public company in Japan.

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Bank of Japan

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USD/JPY is not a lot changed on the session today, currently sitting around 148.65