Japanese Yen (Jpy)

JPY Swaps: 7-10y well offered; Yen's strength drives fron...

7-10y JPY swaps have been well offered after the interest rate decisions by the ECB and the BOE. The yen's strength has triggered front-end flow.

USDi: BEs tap themselves out of central bank Dove-Fest

BEs decided that enough is enough and tapped themselves out of today’s central bank dovish fest with a modest pull-back.

USD Swaps: BOE peak talk bull-steepens; Banks on Fed

Hints from the BOE that sterling rates are near their peak helped global fixed income bull-steepen. But banks expect two more hikes from the Fed.

Asia-Pacific New Issues: KfW new kangas; ANZ EUR and USD ...

More Kangaroo bonds with KfW raising AUD550m via a new 6-year deal. ANZ sold EUR and USD bonds in size, and NAB has tapped the Dim sum bond market.

JPY Swaps: Yen's strength backs SL offers; 10s/20s flatter

The FOMC sentiment has sent the yen stronger and backed demand for SL JPY swaps. 10s/20s flattened out despite good amount of receiving in 10y.

USDi: Markets squeeze dovish message out of Powell; BEs f...

The broader markets manage to squeeze a dovish message out of today's FOMC decision/Powell presser, and BEs followed suit by ending modestly higher.

JPY Swaps: Cautious long-end offers; First sovereign tran...

Long-dated JPY swaps have been offered in cautious trades ahead of the FOMC. Japan will likely issue the world's first sovereign transition bond.

JPY Swaps: 5y BOJ loans fail to rescue; 10y mostly bid af...

JGB future closed weaker despite BOJ's 5y loan offer. 10y swaps have reacted more to domestic data and were mostly bid.

JPY Swaps: 2y bid after joint statement news; Barclays se...

2y JPY swaps were bid after news about the BOJ and the Japanese government should make a new joint statement. Barclays sees long-end flatter.

JPY Swaps: 5-10y well bid after strong Tokyo CPI data; Cu...

Strong Tokyo CPI data has triggered another wave of selloff in JPY rates. 5-10y swaps have been well bid and the curve steepened up.