Dollar/Yen has found solid footing above 140, and Yen rate and basis, as well as the Nikkei Average have leveled off. All eyes remain on the Fed and the U.S. Treasury market for direction on Japanese financial markets.
In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido shares his take on recent cross border investment data and the implications of recent changes to BoJ current deposit accounts, and also discusses developments in the Tokyo repo market during July and August. He also shares his views on Dollar/Yen, Yen rate, and Yen basis.
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