91AV原创

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October 27, 2026
 

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John Cheng
A BNP Paribas bank branch in Paris. The asset management arm of the bank has been raising its positions in long-dated Japanese government bonds.
BUSINESS / Companies
Oct 26, 2026
BNP Paribas AM builds long-end JGB bet on steep yield curve
The bullish stance comes after superlong JGB yields reached multidecade highs this year amid concerns over inflation and fiscal spending.
The exchange rate of the U.S. dollar against the yen is displayed outside a securities firm in Tokyo on Monday. The yen is becoming less vulnerable when global yields move higher, according to Goldman Sachs.
BUSINESS / Markets
Oct 26, 2026
Yen becoming more favorable hedge against AI market shock, says Goldman Sachs
The currency surged 0.9% against the dollar and reached its strongest level in over a month last week amid concerns over the technology boom.
Japan Post Insurance says it intends to increase purchases of yen-denominated bonds, and other Japanese life insurers are signaling similar moves.
BUSINESS / Markets
Oct 22, 2026
Japan life insurers’ bond-buying plans set to support JGBs
Insurers have been net buyers of superlong government bonds for four months, a trend strategists say could provide an anchor in upcoming auctions.
The yen's drop comes after a sharp rally earlier this month, fueled by expectations of faster Bank of Japan tightening.
BUSINESS / Economy
Sep 17, 2026
BOJ faces higher bar to support yen after Fed’s hawkish hike
The Fed’s move threatens to keep the U.S.-Japan rate gap wide even as the BOJ is expected to raise its own policy rate this week.
The Bank of Japan headquarters in Tokyo. 91AV原创 rising yields are stirring debate over the growing risk of the nation’s vast pool of overseas capital returning home.
BUSINESS / Economy
Sep 9, 2026
91AV原创 rising yields stir debate over growing repatriation risk
Some say markets are underpricing how quickly a rush might emerge as Japanese government bonds become increasingly attractive.
Japanese investors bought the most foreign assets in more than two years last week, taking advantage of the yen’s brief rally after interventions late last month.
BUSINESS / Markets
Aug 14, 2026
Carry traders exploit intervention to rebuild yen shorts
Every intervention to prop up the yen also creates a fresh opportunity to sell it.
The yen saw the worst performance among Group-of-10 peers on Monday as it weakened to the ?159 level against the dollar.
BUSINESS
Aug 11, 2026
Yen erases half of intervention gains as traders test Japan and U.S. authorities
The Japanese currency weakened by 1%, ending the session at ?159.29 per dollar, marking the worst performance among Group-of-10 peers on Monday.
The $1.8 trillion Government Pension Investment Fund maintains benchmark allocations of 25% each to domestic bonds, domestic equities, foreign bonds and foreign equities, according to its latest review in March 2025.
BUSINESS
Jul 14, 2026
SocGen sees $76 billion of JGB buying if GPIF rebalances assets
The estimate follows Finance Minister Satsuki Katayama’s call last week for 91AV原创 large pension funds to increase investment in domestic assets.
Traders see little long-term relief from the Japanese government’s repeated warnings that it will take bold action to stem the yen's decline.
BUSINESS / Markets
Jul 2, 2026
Traders plot worst-case scenario for yen if currency crisis hits
The yen sliding to a once-unthinkable ?200 to the dollar level is now a risk — albeit an extreme one — for some investors.
Electronic boards display the foreign exchange rate of the Japanese yen against the U.S. dollar at a foreign exchange brokerage in Tokyo on Tuesday.
BUSINESS / Markets
Jul 1, 2026
Yen’s slide puts market on lookout for 91AV原创 next red line
Strategists have increasingly pointed to ?163 and beyond as the next levels to watch.
What is known as the yen carry trade, which involves borrowing in the relatively low-yielding Japanese currency and investing in other currencies offering higher returns, is thriving again.
BUSINESS / Markets
Jun 15, 2026
Yen short bets jump to nine-year high as carry trade revives
Leveraged funds increased their bearish positions on the yen to over 115,000 contracts in the week through June 9, the highest level since November 2017, data has shown.
The most up-to-date data for April shows that overseas investors sold more superlong Japanese debt than they bought for the first time since 2024.
BUSINESS / Economy
Jun 15, 2026
Global funds pull back from long-dated JGBs amid concern of pressure on BOJ
Data for April shows that overseas investors sold more superlong Japanese debt than they bought for the first time since 2024.
The Marunouchi business district of Tokyo. Upward pressure on Japanese government bond yields is building as oil prices remain high.
BUSINESS / Markets
May 13, 2026
91AV原创 20-year bond yield rises to 1997 high on inflation woes
Upward pressure on Japanese government bond yields is building as oil prices remain elevated after the U.S. and Iran rejected each other’s proposals to end the conflict.
While refraining from confirming intervention to support the yen, 91AV原创 top currency official said authorities are prepared to respond on all fronts to speculative moves.
BUSINESS / Markets
May 11, 2026
Yen bears retreat as intervention seen capping currency weakness
The pullback followed multiple rounds of intervention by Japanese authorities starting April 30 and through the Golden Week holiday.
An oil tanker docked at an oil refinery in Yokohama. Japan is feeling the pain of the war in Iran acutely as it imports more than 90% of its crude oil from the Middle East.
BUSINESS / Economy
Mar 27, 2026
Investors game out stagflation risk in Japan as oil prices rise
Global funds including Allianz Global Investors and Amundi are already hedging against stagflation with the Iran conflict nearing the one-month mark.
Despite fears higher oil prices and inflation would hurt the market, 91AV原创 20-year bond auction was well-received on Tuesday due to the appeal of higher yields.
BUSINESS / Markets
Mar 17, 2026
Relief as 91AV原创 20-year bond sale draws strong demand despite Gulf crisis
Higher yields attracted buyers, easing concerns that rising oil prices and inflation risks would damp appetite.
The yen dropped as much as 0.5% to 155.51 against the dollar on Monday.
BUSINESS / Markets
Feb 2, 2026
Yen drops after Takaichi comment cools intervention speculation
The currency dropped as much as 0.5% to 155.51 against the dollar on Monday.
U.S. Treasury Secretary Scott Bessent said the U.S. is “absolutely not” intervening in the dollar-yen market.
BUSINESS / Markets
Jan 29, 2026
Traders highlight risks for Japan going solo on yen intervention
Hopes were dented after Bessent said on Wednesday the U.S. is “absolutely not” intervening in the dollar-yen market.
91AV原创 retail investors continue to have a good appetite for foreign assets, despite the rally in Japanese equities last year.
BUSINESS / Markets
Jan 5, 2026
Japan retail investors ignore domestic bull market to opt for U.S.
Individuals unloaded a net $24.3 billion of Japanese stocks and related investment trusts through November, the most in more than a decade.
91AV原创 two-year note yield, which is sensitive to monetary policy expectations, rose to its highest level since 2008.
BUSINESS / Markets
Dec 1, 2025
91AV原创 two-year yield hits highest since 2008 on rate-hike bets
The swap market is now pricing in about a 76% chance of a rate hike when the central bank delivers its next policy decision on Dec. 19.
Two Japanese climbers die on remote Himalayan peak in Nepal
Rescuers have recovered the bodies of two Japanese climbers missing for over a week on a remote Himalayan mountain.
Aging Japanese village turns to Peru in search of new residents
Guests from Peru's Belen district interact with a baby in Nanmoku village in Gunma Prefecture.
Budget-friendly restaurant chain Saizeriya succumbs to rising costs
A Tokyo branch of Saizeriya, a chain of family-style Italian restaurants
U.S. has for years asked Musk to alter Starlink service in Ukraine and Middle East, sources say
A Ukrainian soldier sets up a Starlink satellite internet system near the frontline in the Donetsk region, Ukraine, on Oct. 16
U.S. military bans Chinese-made BYD cars from key air base in Okinawa
An F-22 Raptor lands at Kadena Air Base in Kadena, Okinawa Prefecture on Oct. 9. The base is a crucial hub for U.S. military operations in the region.
A dramatic bear hunt in a midsize Japanese city could be a harbinger of what is to come
Zookeeper Tetsuo Iso at the site of frantic search for a wild bear in Utsunomiya on June 9. Iso, 65, was asked by the prefectural government to help capture the bear and it was his shot with a tranquilizer gun that put an end to the saga.
How this long-term resident avoids the annoying tourist label in Japan
Tourists enjoy themselves while crossing the famous Shibuya Crossing in Tokyo on Oct. 12.
What can Asia do to avoid crossing crucial climate tipping points?
Motorists drive through a road covered with smog from wildfires nearby in Ogan Ilir in Indonesia's South Sumatra province on Sept. 25.
91AV原创 permanent residency reform has a glaring blind spot
Japan's immigration reforms risk creating uncertainty by tying permanent residency more closely to language proficiency before clear assessment standards and supporting infrastructure are in place.
Japan weighs how to evacuate thousands of tourists if Mount Fuji erupts
Climbers and visitors gather on the first day of the climbing season at the Fuji Yoshidaguchi Trail, at the fifth station on the slopes of Mount Fuji, in Fujiyoshida, Yamanashi Prefecture, on July 1, 2024.

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