Hedge Funds Bet BOJ to Lift Yen, JGB Yields With Hawkish Hints


“In the short term, cost-push inflation risks outweigh risk-aversion factors, so yields may still have room to rise,” said fund manager Toshinobu Chiba. “However, markets will gradually start to factor in the risk of a global economic slowdown,” said Chiba, adding that he bought 10-year JGB futures and five-year paper before the policy meeting. 



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