Und wie hoch müssen die JGB-Renditen steigen, bevor japanische Ersparnisse Japan nicht mehr verlassen müssen, um Rendite zu erzielen? #JGB #BankOfJapan #Kapitalflüsse

That leaves one open question: is 1.25% a threshold or just a waypoint? And how high must JGB yields go before Japanese savings no longer need to leave Japan to earn a return? #JGB #BankOfJapan #CapitalFlows

rispetto a uno zero che non esiste più. #FinanzaComportamentale #RendimentiTreasury #BankOfJapan

Wird er zu schnell aufgegeben, kann ein Wechsel des Zinsumfelds in eine Stampede münden. Die Frage ist nun, ob die Inflationsdaten dieser Woche für sich bewertet werden – oder an einer Null gemessen werden, die es nicht mehr gibt. #BehavioralFinance #TreasuryYields #BankOfJapan

The question now is whether this week's inflation data will be judged on its own terms or measured against a zero that no longer exists. #BehavioralFinance #TreasuryYields #BankOfJapan

britannico, o se possano riuscirci solo i numeri dei conti pubblici. #Gilt #DurationObbligazionaria #BankOfJapan

Die Frage ist nun, ob Beschwichtigungen aus der Downing Street den Preis stabilisieren können, den die Märkte für Kredite an die britische Regierung verlangen, oder ob das nur die Haushaltszahlen vermögen. #Gilts #AnleihenDuration #BankOfJapan

yesterday owns an asset worth less on paper. The question now is whether reassurance from Downing Street can steady what markets charge to lend to the UK government, or whether only the fiscal numbers can. #Gilts #BondDuration #BankOfJapan

un titolo di Stato al 5%. Se non ci riusciranno, il divario tra i due potrebbe diventare il metro di ogni valutazione azionaria fino a fine anno. #EquityRiskPremium #BankOfJapan #Treasuries

zum Jahresende zum Maßstab jeder Aktienbewertung werden. #Aktienrisikoprämie #BankOfJapan #Treasuries

keep dividends competitive with a 5% government bond. If they can't, the gap between the two may become the yardstick for every equity valuation through year-end. #EquityRiskPremium #BankOfJapan #Treasuries

quella corsa all'uscita che da anni cerca di evitare. #Yen #CarryTrade #BankOfJapan

Ansturm auf die Ausgänge auszulösen, den es seit Jahren zu vermeiden versucht. #Yen #CarryTrade #BankOfJapan

as much as the return on the assets themselves. The question now is whether Tokyo can close the rate gap slowly enough to steady the currency without setting off the rush for the exits it has spent years trying to avoid. #Yen #CarryTrade #BankOfJapan

e con quale rapidità. #BankOfJapan #MargineDiInteresseNetto #MUFG

letztlich für sich beanspruchen werden – und wie schnell. #BankOfJapan #Nettozinsmarge #MUFG

relearning a business model that their European peers have been running since 2022. The question now is how much of the wider margin Japanese savers will eventually claim for themselves, and how quickly. #BankOfJapan #NetInterestMargin #MUFG