Thursday, May 23, 2013

Japan government bonds, all right... tears

 22, After the monetary policymaking meeting ending News Conference at President Haruhiko Kuroda of the Central Bank, expressed said "fluctuating rate volatility increasing excessively to avoid" regarding long-term interest rates are rising, not condone spikes in interest rates.
 On that "continued 10 minutes check out bond market movements, and global bonds outright purchase operations (open market operations) as necessary" said President, showed the corresponding bond purchases as part of a new quantitative easing and frequency and to purchase Government bonds asset price adjustment policy. New indicator of long-term interest rates from 10 years of 0 be 1 year and 1 month high level and temp, 15 this month's Government bond yields. 920 Percent rise.
 Show moves opposite of the aim of the Central Bank urges new easing long-term interest rates declined. President pointed out that "the rise of long-term interest rates in Europe and America, the rise in stock prices in Japan, weakening background," about this. In large-scale bond purchases have compressed the rise in interest rates, "and immediately bonds big jumps are considered not" stressed. 
 
In addition "with major impact on economic activity at this time was see not" he said. But today bond is... significant to happen, shrinking U.S. easing and depreciation-5/23 (Bloomberg): bond markets was sharply. Selling was predominant, due to weakening and it asset purchase plan reduced observations appeared in the United States.
 
Futures trading halts and temporary, with long-term interest rates 1 percent since last April. Things started in the Prev. one yen fell 140 yen and 90 Sen June expiration month on the Tokyo futures market. Tokyo Stock Exchange triggered circuit breakers that suspend trading 8:53.
 
After the termination of the 140 Yen / 1 20 Sen and hit a low of 7/2011 in heart month. Become indicators of long-term interest rates and actual bond market new departure 10 years thing 328 times bonds yields tumbled 10 basis points (bp) higher at 0.985% starts shortly after 1.00% and put 1 percent of 4/5. After buying the undone 0.965%. 111 Times for the five-year bond yield 6bp高? 0.455% and 5/11 with the 15th's lined up to the highest level.
 
38 Times in the 30-year bond yield 4bp高 or 1.925 percent. Chief fixed income strategist at JP Morgan Japan's takafumi yamawaki explained "theory of exit from quantitative easing ( QE that foil-expected additional measures of Japan Bank President Haruhiko Kuroda and United States policy by causing the double factor," said.
 
Government bond markets also talked to "flying they value liquidity is gone, out of selling factor". 22-Afternoon press conference. said the President "with major impact on economic activity at this stage was see not" on long-term interest rates.
 
Will "go to flexible management to frequency, pace, subject to adjustments as necessary, such as long-term JGB outright purchase operations described up front. 22-U.S. treasuries prices fell. U.S. 10-year Treasury yield was tumbled 11 bp rising 2.04 percent. If q & a with Bernanke of the U.S. Federal Reserve Board (FRB) in Congressional testimony, confident that the sustained economic expansion, is likely to slow down pace of bond purchases at several meetings future is and said it was selling materials. Yen has fallen against the dollar in New York foreign exchange market the same day.
Temp $1 = 1.35-103 yen and long-term interest rates with a depreciated value of 10/8 one 跳上 you sick?Greater risk of really bonus share price rises...!... crash but, bonds plunge...?