Japan MOF reportedly raises assumed long-term interest rate to 1.6% in FY 2026/27

<p style=““ class=“text-align-justify“>In Japanese circles, that’s a stark contrast to the assumed interest rate of 1.1% set when the government compiled a draft state budget for the coming fiscal year. That’s the same long-term rate used for the budgets in the last six years even if actual borrowing costs have fallen short of said figure. I mean, in the past, the coupon rate on 10-year JGBs were 0.20% before the latest change at the start of this year made it 0.50%.</p><p style=““ class=“text-align-justify“>Is this yet another hint by Japanese officials that a bigger change to policy is coming? The yen isn’t really reacting much to it though with USD/JPY up 0.3% at 128.90. Meanwhile, 10-year JGB yields are still holding above the 0.50% upper limit set out by the BOJ – the third straight session running – on the eve of tomorrow’s policy decision.</p>

This article was written by Justin Low at www.forexlive.com.

Go to Forexlive

Wie hilfreich war dieser Beitrag?

Klicke auf die Sterne um zu bewerten!

Durchschnittliche Bewertung 0 / 5. Anzahl Bewertungen: 0

Bisher keine Bewertungen! Sei der Erste, der diesen Beitrag bewertet.

Es tut uns leid, dass der Beitrag für dich nicht hilfreich war!

Lasse uns diesen Beitrag verbessern!

Wie können wir diesen Beitrag verbessern?

Benachrichtige mich bei
Inline Feedbacks
View all comments