The MUFG Global Markets Podcast
Business
Risk related to the new Omicron COVID-19 variant from South Africa roiled Tokyo markets at the end of last week. On November 26, the Kishida Administration announced slight revisions to the JGB issuance plans to meet additional economic support measures. New JGB issuances will be limited, compared to the scale of the budget. Market conditions have been transformed in the space of just a few days.
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses the revisions to the FY21 JGB issuance plans and implications for JPY rates as well as cross-border flow information from recently released September TIC data. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.
Disclaimer: www.mufgresearch.com (PDF)
Create your
podcast in
minutes
It is Free