JGB Futures Edge Higher Ahead of BOJ Himino's Speech
Dow Jones
Aug 27
0010 GMT - JGB futures edge higher in the early Tokyo session ahead of BOJ Deputy Governor Himino's speech expected later today, which investors are likely to monitor for any hints of the BOJ's rate-hike trajectory. Himino is scheduled to meet with local leaders in Saitama, Japan. "Markets are increasingly expecting the Bank of Japan to raise interest rates again when it meets" in September, StoneX's Matt Simpson says in commentary. "Markets have leaned even more heavily towards a September move following persistent inflation, yen weakness and rising Japanese yields," the senior market analyst adds. Benchmark 10-year JGB futures are 0.06 yen higher at 126.54 yen.
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