Hopes for BOJ Easing Remains, Supporting Japan Bonds: MassMutual
Source: BFW (Bloomberg First Word)
People
Satoshi Shimamura (Massachusetts Mutual Life Insurance Co)
To de-activate this alert, click here
UUID: 7947283
(Bloomberg) -- Impact on Japanese govt bonds from BOJ’s decision to maintain policy today will probably be limited as it keeps expectations alive for further easing in the future, according to MassMutual Life Insurance.
Alert: HALISTER1- Even if bonds see some selling pressure today, their floor should be supported by general buying toward month-end, Satoshi Shimamura, head of rates and markets at the investment strategy department, says in interview
- Life insurance companies’ plans not to increase govt debt purchase this fiscal year will weigh on securities, putting pressure on curve to steepen
- Yield on 0.1% notes due March 2026 down 3 bps to -0.090%
- NOTE: BOJ keeps policy unchanged, delays timing for CPI target
Source: BFW (Bloomberg First Word)
People
Satoshi Shimamura (Massachusetts Mutual Life Insurance Co)
To de-activate this alert, click here
UUID: 7947283