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Analyst: Japanese bond yields and the yen are expected to continue to rise
GoldenOctober2024
On July 24th, Jinshi data, CFI research director George Khoury said that due to the Central Bank of Japan will review its policy next week and may raise interest rates, Japanese government bond yields and the yen may continue their recent rise. He said, “As the Central Bank of Japan normalizes and tightens its monetary policy, yields may especially continue to rise.” The market may also react to the data released before the meeting. According to institutional data, there is a divergence in the market’s expectations for the Central Bank of Japan’s decision next week, with a slight tendency in the market to expect the Central Bank of Japan to raise interest rates.
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