Susumu Kato
Susumu Kato
data forward percent policy shifting showing step
With the data showing a 0.5 percent rise, the BOJ could take a step forward to shifting the policy without hesitation.
future investors monetary normal policy possible rate
It's very symbolic. It indicates that monetary policy is back to normal and investors are discounting possible future rate hikes.
balanced built economic fact forecast growth needs pressures though
Economic growth is better than what was forecast in October, though this needs to be balanced with the fact that inflationary pressures haven't built up as much.
bit bonds buy curve debt difficult grow inflation longer rate solid soon stay yield
Longer bonds will stay solid as inflation expectations won't grow significantly soon while shorter debt is difficult to buy amid speculation about a rate hike. The yield curve may flatten a bit more.
economic good hold relative time yields
It's not a good time to hold bonds. Relative to economic fundamentals yields are too low.