JGBs being bought as safe-haven asset – Japan’s Suga

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Japan’s chief cabinet secretary Suga was on the wires today assuring markets that Japan’s financial system remains strong and that Japan’s government bonds are being bought as a safe haven asset.

    His comments come after Japanese 10-yr yield bond yield hit the negative territory earlier today.

    Key Quotes

    JGB gains will lower lending, mortgage rates and have positive impact on economy

    Japan's economy to recover, based on strong labour market

    JGBs being bought as safe-haven asset
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