Japanese Yen: Yield focus and BoJ risks – MUFG

MUFG’s Derek Halpenny notes USD/JPY is broadly stable as Japanese Government Bond demand improves and crude Oil declines support lower JGB yields. He highlights stronger super-long JGB auction metrics and broader domestic buying.

Japanese Yen: Yield focus and BoJ risks – MUFG
MUFG’s Derek Halpenny notes USD/JPY is broadly stable as Japanese Government Bond demand improves and crude Oil declines support lower JGB yields. He highlights stronger super-long JGB auction metrics and broader domestic buying.

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