Japan Lower House OKs two reflationists as BOJ policymakers
The House of Councillors is expected to confirm the batch of nominations on Monday.
Japanese super-long government bond yields surged as the appointment of dovish academics to the BOJ board fueled expectations of delayed rate hikes, with the 30-year yield rising 8.79bp to 3.3747% and the 40-year yield up 8.39bp to 3.6117%.
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Japanese Super-Long Yields Rise on Concerns Over Delayed BOJ Rate Hike
Japanese super-long government bond yields surged as the appointment of dovish academics to the BOJ board fueled expectations of delayed rate hikes, with the 30-year yield rising 8.79bp to 3.3747% and the 40-year yield up 8.39bp to 3.6117%.
The Japanese government has nominated academics Doichiro Asada and Ayano Sato as new Bank of Japan Policy Board members, prompting a brief rise in the dollar-yen exchange rate as markets react to the appointments.
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Japanese Government Nominates Doichiro Asada and Ayano Sato as New BOJ Board Members
The Japanese government has nominated academics Doichiro Asada and Ayano Sato as new Bank of Japan Policy Board members, prompting a brief rise in the dollar-yen exchange rate as markets react to the appointments.
Takagi wins milestone 10th Olympic medal as Japan takes bronze in team pursuit
Takagi is just the second speedskater ever to win double-digit medals on the oval.
The Japan Times
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