INVESTINGLIVE
Yen rockets as Japan bond yields hit record on rate hike bets, more intervention speculation
EUR/USD — All Desk Targets
30 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bearish | 1.1200 |
ANZ | Bearish | 1.1400 |
UOB | Bullish | 1.1565 |
From the original
Friday's confirmed joint intervention appears to be doing double duty, supporting the yen directly while also pushing Japanese short-dated yields to fresh highs as markets price in a higher probability of an early BOJ rate hike. The five-year yield's rise to a record 2.050% and t
Related speeches
4 itemsMore from INVESTINGLIVE
5 items- INVESTINGLIVE
Heads up RBA preview: Analysts see cash rate on hold at 4.35% Tuesday
- INVESTINGLIVE
More from Fed's Musalem, says financial conditions very accommodative, asset prices elevated
- INVESTINGLIVE
More from a hawkish Musalem , says gradual hikes beat abrupt moves as inflation risk builds
- INVESTINGLIVE