Katayama made it clear for the first time that if the existing financial resources are insufficient, it will have to issue more government bonds. She revealed that the government is preparing to issue floating-rate bonds and expand the scope of investors in government bonds, marking a new phase of Japan's expansionary fiscal policy. Click to view...
Pressure on gilt supply may also have had an impact on the gilt market. The UK will issue a new 10-year bond this week, and many strategists expect it to be issued on Tuesday.
China Central Depository and Clearing Co., Ltd.: For overseas central bank institutions that open an account with China Central Clearing Corporation through the People's Bank of China or an interbank market settlement agent after January 1, 2025 (inclusive), the full amount of the account opening fee of 500 yuan per account will be exempted. For the relevant fees that have been actually paid for the above-mentioned business after January 1, 2025 (inclusive), China Central Clearing Corporation wi...
Japan's five-year bond yield rose to 1 percent, its highest level since October 2008.
India's 10-year bond yield continued its decline, falling to 6.6465% at one point, its lowest level since February 15, 2022.
On January 10, Dong Ximiao, chief researcher of China Merchants Finance, said that the People's Bank of China announced the suspension of treasury bond purchases, which will help balance the supply and demand relationship in the treasury bond market. Treasury bond purchases are an important way for the People's Bank of China to release liquidity, but the suspension of treasury bond purchases does not mean that market liquidity is tightened. It is expected that in the next step, the People's Bank...
As UK government bond yields soared again, the pound fell nearly 1% against the dollar GBP/USD during the day to 1.2245, continuing to brush a new low since November 2023.
The yield on 30-year UK government bonds rose to 5.210%, the highest level since August 1998.
The yield on Japan's two-year government bond fell to 0.555%, its lowest level since November 20.
UK 2-year bond yields rose about 10 basis points to 4.560 per cent, their highest level since May, while 10-year yields rose about 10 basis points to 4.656 per cent, their highest level since October 2023.