JGBs Mixed Ahead of BOJ Decision -- Market Talk

Dow Jones10-31

0206 GMT - JGBs are mixed in the morning Tokyo session ahead of the Bank of Japan's monetary policy decision due today. The central bank is widely expected to keep its policy rate unchanged, but market participants are likely to focus on Gov. Ueda's post-meeting press conference for any clues on the future path of interest-rate increases. Given the recent yen weakness, which typically boosts the costs of Japan's imports and thereby quickens inflation, the governor's comments on the yen could be of particular interest. Issue 375 JGB's 10-year yield is up 0.5bp at 0.915%; the 30-year yield is down 1bp at 2.210%. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

October 30, 2024 22:07 ET (02:07 GMT)

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