The Bank of Japan might be behind the curve on interest rate increases, as yen and bond prices fall and doubts grow about fiscal discipline. https://www.japantimes.co.jp/business/2026/05/21/economy/boj-bond-market-forex/?utm_medium=Social&utm_source=mastodon #business #economy #yen #dollar #inflation #boj #forex #bonds #jgb
Bank of Japan might be behind the curve on interest rate increases

The wait-and-see approach is becoming an issue with yen weak, bond prices falling and doubts increasing about fiscal discipline.

The Japan Times
Morgan Stanley's Japan chief said he is hoping that the yen strengthens to around 140 against the dollar, and that Bank of Japan action is key for that to happen. https://www.japantimes.co.jp/business/2026/05/20/companies/morgan-stanley-boj-hike-key/?utm_medium=Social&utm_source=mastodon #business #companies #morganstanley #yen #dollar #inflation #boj #inflation
Morgan Stanley Japan head says BOJ hike key to strengthening yen

If the central bank fails to raise interest rates in June, that would have an impact on the bond and currency markets, Alberto Tamura said in an interview.

The Japan Times
Finance Minister Satsuki Katayama indicated her resolve to intervene in a foreign exchange market to prop up the yen as needed as her Group of Seven counterparts understand the nation's stance. https://www.japantimes.co.jp/business/2026/05/20/economy/katayama-bold-action/?utm_medium=Social&utm_source=mastodon #business #economy #satsukikatayama #g7 #paris #yen #kazuoueda #boj #japaneseeconomy #inflation #middleeast
Japan’s finance chief pledges bold action for weak yen as needed

'We have understanding' from the G7 counterparts, Finance Minister Satsuki Katayama said. 'We will take bold action as needed.'

The Japan Times
Japan stands ready to act against excessive foreign exchange volatility at any time, while ensuring that any yen-buying, dollar-selling intervention is conducted in a way that avoids pushing up U.S. Treasury yields, officials have said. https://www.japantimes.co.jp/business/2026/05/19/economy/japan-finance-minister-yen-bond-g7/?utm_medium=Social&utm_source=mastodon #business #economy #satsukikatayama #g7 #yen #forex #bonds
Japan ready to act on foreign exchange volatility

Rising U.S. Treasury yields have fueled market speculation that Washington may become sensitive to large-scale yen-buying, dollar-selling intervention by Japan.

The Japan Times
Curious spikes in the yen have investors and strategists debating over whether Japanese authorities are trying to stem further weakness in the national currency through smaller operations. https://www.japantimes.co.jp/business/2026/05/16/markets/yen-spikes-traders-warning-shots/?utm_medium=Social&utm_source=mastodon #business #markets #yen #currencies #financeministry
Curious yen spikes have traders gaming Japan ‘warning shots’

Investors and strategists are debating whether Japanese authorities are trying to stem further weakness in the yen through smaller operations.

The Japan Times
Alphabet sold ¥576.5 billion ($3.6 billion) of bonds in the biggest ever yen deal by a non-Japanese company as competition to fund centers and AI infrastructure intensifies. https://www.japantimes.co.jp/business/2026/05/15/companies/alphabet-biggest-yen-bond/?utm_medium=Social&utm_source=mastodon #business #companies #alphabet #yen #bonds #ai #google
Alphabet sells biggest yen bond on record by foreign issuer

The Google parent sold ¥576.5 billion ($3.6 billion) of bonds as competition to fund centers and AI infrastructure intensifies.

The Japan Times
2 Bloomberg: … company executives stayed up through the night to pitch #Tokyo #investors on #yen #bonds; all this in the name of #AI domination. Both the sheer scale of the fundraising — quadruple the amount of bonds #Alphabet had sold in its first 26 years in business — and … 🧵
Tokyo Gets a Pass on #Yen Intervention, But Concerns Remain
"US, concerned abt excessive ¥ weakness & #dollar strength, appears to hv accepted te #FX interventions by 🇯🇵ese #government & #BOJ to stem ¥'s decline.. attention's turning to whether #Japan will take steps such as #interestrate hikes to stabilize ¥.. BOJ's weighing possible #ratehikes at its #policy meetings fr June, but Takaichi admin remains wary of any move tt could dampen te #economy"🤔
👉📈Cost of #debtservice
https://japan-forward.com/tokyo-gets-a-pass-on-yen-intervention-but-concerns-remain/
Tokyo Gets a Pass on Yen Intervention, But Concerns Remain | JAPAN Forward

Japan and the US close ranks on yen volatility, but doubts remain over whether intervention alone can stabilize the currency as pressure builds on Tokyo.

JAPAN Forward

US and Japan Acknowledge "Undesirable" Currency Swings, Coordination Stated

US Treasury Secretary Bessent and Japan's leaders agree that big currency changes are not good. They will talk more to manage the yen and dollar.

#USDJPY, #CurrencyMarket, #USJapanRelations, #Yen, #EconomicPolicy

https://newsletter.tf/us-japan-currency-swings-undesirable-coordination-stated/