Bonds - JPY

JPY Swaps: 20y spread wider; 20s/30s seen steeper

The 20y JPY swap spread has pushed to its least negative point in 3 months. The 20s/30s curve steepening trend is expected to continue.

JPY Swaps: 30y trades ahead of auction

There has been some trade in ultralong swaps as the 30-year JGB yield rises ahead of the auction today.

Basis: Canny borrowers dodge spikes; SOFR basis update

Basis: Canny borrowers dodge spikes; SOFR basis update

Basis: Turn ‘steady’ despite moves; Two way issuance

Cross-currency basis swappers were unruffled by moves in their market today despite fairly sharp moves in first breaks due to the year-end turn.

JPY Swaps: Superlong focus; Liquidity restricts Samurai f...

Superlong JPY swaps have been busiest amidst calm price action. A more than ample supply of bank funding is keeping Samurai Bond issuance subdued.

JPY Swaps: Superlong flow; Shorter issuance expected

There has been trade in superlong JPY swaps. The BOJ wants more fiscal policy coordination. JGB issuance is expected to focus on shorter tenors.

JPY Swaps: Superlong flow; Suga succeeds Abe

There has been trade in superlong JPY swaps today. Yoshihide Suga has succeeded Shinzo Abe as LDP leader and will be confirmed as PM this week.

Asia-Pacific MTNs: Callables dominate

Listing of structured bonds and vanilla bonds issued in the Asia Pacific markets over the past week.

JPY Swaps: BOJ outlook upgrade expected

Japanese monetary policy is expected to remain on track through the LDP leadership change. The BOJ is expected to upgrade its outlook.

JPY Swaps: Spreads up pre-auction; Post-Abe continuity

JPY swap spreads have edged up and long bonds have been bid ahead of the 10y auction. Policy continuity is expected to follow PM Abe's resignation.