Recent Comments
perry11 on Update: Embarking on a New… John Soh on Update: Embarking on a New…
Tag Archives: jpy
Will BOJ decision to make borrowing JGBs easier affect banks’ behavior to employ Fed swap lines?
Over the past few months, we have seen LIBOR rising across all tenors (+22.5bps since 27 June) and JPY and EUR XCCS widening due to MMF reforms. The main reason is because US prime funds’ holdings of securities by non-US … Continue reading
Posted in Uncategorized
Tagged agency discount notes, collaterals, cross currency basis, dollar funding, eur, french, govies, govt-only funds, japanese, jgb, jpy, libor, mmf, money market funds, prime funds, reforms, repo, treasuries, xccs
Leave a comment
BOJ Preview: I expect USDJPY to end the day lower
Having exhausted his monetary toolkit, Kuroda knows there is a chance that USD/JPY will sell-off regardless of what measures he employ within his authority; and as such will do just enough to show market participants that he will continue to … Continue reading
Posted in Uncategorized
Tagged banks, boj, etf, filp, jpy, kuroda, municipals, nirp, qqe, reits, usdjpy, yen
Leave a comment
PERRYNOMICS 