Sunday, February 2, 2003

Japanese Government Bonds at Four Year Low

The yield on the benchmark Japanese 10 year government bond returned to a four-year low of 0.795% on Monday after the central bank governor reiterated his long-standing opposition to inflation-targetting. More built-in deflation expectations to work with.
Bond sentiment remained bullish after Masaru Hayami, BoJ governor, repeated his objections against

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