Well-known Hedging Fund Manager predicts: 10-year Japanese bond yield is expected to rise to 2% this year

2024-01-29 05:12:10

Hedging fund manager Stephen Jen said that once the Fed starts cutting interest rates, the Central Bank will exit its ultra-loose monetary policy, which will push the yen and sovereign bond yields higher this year. Jen, CEO of Eurizon SLJ Capital Ltd., wrote in a note that the yen could rise to 130 yen per dollar this year, and the yield on 10-year Japanese government bonds could rise to 1.5%-2%. In the Tokyo market on Monday, the yen was trading around 148.10 per dollar, and the yield on 10-year Japanese government bonds was at 0.71%.

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Philco

· 2024-01-29 05:13

Trading is based on the trend, once the trend is formed, it will not be easily changed, the low hand is destroyed in the bottom, the master is broken to escape from the top, the wisest choice is not to assume, not to guess, follow the trend, when the market is unclear, wait more, Dapeng spreads its wings and hates the sky low, and the pony is too narrow at first sight.

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WendyCS

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