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Dow Jones NewsDec 19, 4:31 AM UTC
DJ JGBs Fall on Prospects of Further BOJ Rate Increases -- Market Talk
0431 GMT - JGBs fall in price terms in the afternoon Tokyo session on prospects of further BOJ rate increases. The "Board's hawkish messaging suggests that the tightening cycle has further to run," Capital Economics' Abhijit Surya says in commentary. The Board noted that 'corporate profits are expected to remain at high levels on the whole, even after accounting for tariff related policies,' the senior APAC economist says. This marks a change in tone from October, when the Board cited concerns that tariffs had exerted downward pressure on manufacturing profits, Surya adds. The 10-year JGB yield rises 3.5bps to 2.000% after earlier touching 2.005%, the highest intraday level since May 2006. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
December 18, 2025 23:31 ET (04:31 GMT)
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