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Published on Tuesday, January 23, 2018

Market Comment | Sovereign yields rose after the BoJ reassured on stimulus

The BoJ maintained its monetary policy stance and both inflation and growth forecasts (see statement). The BoJ’s Governor said that the BoJ is not ready to reduce monetary stimulus. Bond yields declined across the board after the announcement (see), especially in the US. European sovereign risk premiums also narrowed further. In addition, Japanese stock prices […]