Negative Yields land here we come! The Bank of Japan (BoJ)’s surprise move last week to trim its policy rate to negative territory will most likely strengthen Japanese investors’ foreign bond purchase going forward, believe JPMorgan analysts. Nikolaos Panigirt and colleagues said in their Jan. 29 research report titled “Flows & Liquidity” that the BoJ’s policy actions are effectively forcing the ECB to chase its own tail and extend the duration of its purchases. Negative Yields – BoJ joins several European banks with negative Depo rates According to the JPMorgan analysts, following the BoJ’s surprise move last week, the universe of DM government…
DM Government Bonds Trading With Negative Yields Reach 30%
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports