IMF says BOJ should avoid hasty exit and provide rate guidance
Any indication of a shift in the "yield curve control" program could trigger a massive bond selloff, leaving some economists predicting that an end to YCC could come very abruptly.
Japan’s Dai-ichi Life turns $260 billion portfolio toward JGBs
Dai-ichi was among the biggest holders of foreign bonds as a result of the BOJ’s decadelong stimulus drive, but now is increasing investments in superlong government bonds.
BOJ's new deputy chief flags chance of yield control policy change
In his first public appearance since assuming the post earlier this month, Shinichi Uchida said the BOJ may consider various measures should inflation sustainably hit its 2% target.
Why Japanese banks are well placed to withstand banking crisis
Regulators and industry heads have been quick to say Japan’s financial system is sound, while analysts have been busy reassuring worried bank investors.
Don't make the same mistake as SVB with your 401(k)
Treasuries aren’t always the safest asset in your portfolio. Your risk depends on the type of bond and what you need the money for.
BOJ debated side effects of easy policy at March meeting
While global banking woes have taken some pressure off long-term interest rates, the debate underscores the challenge incoming BOJ Gov. Kazuo Ueda faces in keeping borrowing costs low.
The Bank of Japan's holdings came to ¥546.93 trillion, while the total amount of outstanding government debt was at ¥1.05 quadrillion.
Japanese firms turn to loans for longer-term funding amid BOJ risks
Anecdotal evidence suggests Japanese loan rates are now more favorable than the cost of selling long-tenor bonds for capital investment and refinancing needs.
BOJ debated feasibility of tweaking yield control in January, minutes show
The board also agreed inflation and wages could overshoot expectations, suggesting a phase-out of its massive stimulus remains on the cards when Kazuo Ueda takes over as governor.
SVB crisis drives concern over Japanese banks’ exposure to U.S. bonds
While there aren’t any major alarm bells ringing over the health of Japan’s banking sector, investors are nonetheless worried about potential losses.
Ten years on, reconstruction tax continues to stir debate
Critics have increasingly pointed out misuse of the budget, resulting in growing demands across the political spectrum for stricter criteria for allocating funds.
The one true secret to successful investing
After 2022’s stomach-churning roller-coaster ride, we clearly need to be reminded of the most basic rule in finance that investors forget most often: the risk vs. return trade-off.
