US Treasury yields fell Friday as investors awaited key jobs data that could affect future interest rate decisions from the Federal Reserve. At 4:28 am ET, the 10-year Treasury was trading at 3.8354% after falling nearly nine basis points. The yield on the 2-year Treasury fell more than seven basis points to 4.8285%. Yields and … Read more
The current Governor Kuroda was first appointed in March 2013 and has been leading the central bank’s ultra-accommodating monetary policy since 2016. Japan’s upper house of parliament approved candidate Kazuo Ueda as the next governor to head the central bank, succeeding Kuroda, Kyodo reported. “The Japanese economy, despite being impacted by factors such as high … Read more
46 minutes ago Bank of Japan will leave policy unchanged as expected The Bank of Japan left its monetary policy unchanged, broadly in line with expectations. The central bank kept its negative rate at -0.1% and reiterated its target to keep the yield on the 10-year Japanese government bond around 0%. “The Japanese economy, despite … Read more