JGBs steady, Nikkei eases from record high as BOJ rate decision looms
USD/JPY — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 149.00 |
UOB | Neutral | 163.50 |
UBS | Bullish | 150.00 |
From the original
The relative calm in JGBs ahead of the decision reflects a market that has already done its pricing work. A hike to 1% is not the story; Deputy Governor Uchida's forward guidance at the 0630 GMT briefing is. Any signal of an accelerated path toward 1.25% would put fresh upward pr