National CPI y/y for October: 1.1% (vs. expected 1.1%, prior was 1.1%) 2330GMT National CPI y/y for October excluding Fresh Food: 0.9% (vs. expected 0.9%, prior was 0.7%) 2330GMT National CPI for October excluding Food, Energy y/y: 0.3% (vs. expected 0.2%, prior was 0.0%) 2330GMT Tokyo CPI y/y for November: 0.9% (vs. expected 0.7%, prior was 0.6%) 2330GMT Tokyo CPI for November excluding Fresh Food y/y: 0.6% (vs. expected 0.4%, prior was 0.3%) 2330GMT Tokyo CPI for November excluding Food, Energy y/y: 0.2% (vs. expected -0.1%, prior was -0.2%) When will we finally see a rise in JGB yields and consequently a stronger JPY?
---When will we finally see a rise in JGB yields and consequently a stronger JPY? -- as i said before- it's a race to the bottom..and your quote above is not japs gvt goal. we use to say in Russia-you are peeing against the wind.
means the jap govt qe policy is working, no doubt will encourage them to do more. buy nikkei and sell yen.
You mean institutional money managers will tolerate JGB yields below the official inflation rate? Why not throwing out money out of the window? That´s easier....
http://www.bloomberg.com/markets/rates-bonds/government-bonds/japan/ So, 10yr JGB yield at 0.59% and your Japan´s core inflation is running at 2330GMT National CPI y/y for October excluding Fresh Food: 0.9% (vs. expected 0.9%, prior was 0.7%) fresh five-year high 2330GMT National CPI for October excluding Food, Energy y/y: 0.3% (vs. expected 0.2%, prior was 0.0%) first rise since October 2008 Which part of this is so funny? Japanâs economy minister Amari: CPI data shows Japan is clearly in the process of excaping deflation Japanâs finance minister Aso: One month of data alone cannot determine whether prices are on an upward trend
It means the Yen is heading down. The trade could be: long japan reits, and short the yen. Does anyone have a list of Japan Reits?