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星球日报
星球日报|11月 03, 2025 06:33
[Strategists: Remain Bullish on the Mid-Segment of Japan's Government Bond Yield Curve] Odaily Planet Daily News – Morgan Stanley MUFG strategists Koichi Sugisaki and Hiromu Uezato stated in a report that they remain bullish on the mid-segment of Japan's government bond yield curve. They believe that with changes in the U.S. economic outlook, the Bank of Japan's terminal rate pricing may face the risk of downward repricing. Furthermore, although fiscal issues under the new government seem to have eased to some extent, they remain cautious about long-term bonds. The strategists pointed out that the investment plans of Japan's top ten major life insurance companies for the second half of the 2025 fiscal year indicate that they are unlikely to become a stable source of demand for super-long-term Japanese government bonds. (Jin10)
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