The MUFG Global Markets Podcast
Business
A Special Cross-Border Discussion: U.S. and Japan at a critical juncture in September?: The MUFG Global Markets Podcast
Both the U.S. and Japanese administrations have seen their ratings drop recently. In Japan, Japanese Prime Minister Yoshihide Suga has announced he will not run for re-election in his party’s 2021 leadership race. Nikkei stocks and JPY rates have been rising in hopes for the next administration. Whereas fiscal policy implementation is the U.S. still faces risks given the tension down in D.C. Meanwhile U.S. rates as well as the USDJPY basis movements could change, as related to these cross-border developments and the Fed’s monetary policy stance at the September FOMC meeting.
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido and Head of U.S. Macro Strategy George Goncalves share their views on the U.S. and JPY bond markets, the Fed’s policy stance, and Japanese political and fiscal risks (as well as the U.S. debt ceiling) from a cross-border New York and Tokyo markets perspective.
Disclaimer: www.mufgresearch.com (PDF)
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