(Reuters) - The lack of any proposal for a rate hike from the central
bank's nine Policy Board members, though widely expected, soothed
Japanese bond market players, as some feared such a call would
stoke speculation of a tightening at their next meeting on July
11-12.
"If the vote had been split, markets would have factored in
the chance of a rate hike in July," said Naoki Iizuka, a senior
economist at Mizuho Securities.
Read more at Reuters.com Bonds News
bank's nine Policy Board members, though widely expected, soothed
Japanese bond market players, as some feared such a call would
stoke speculation of a tightening at their next meeting on July
11-12.
"If the vote had been split, markets would have factored in
the chance of a rate hike in July," said Naoki Iizuka, a senior
economist at Mizuho Securities.
Read more at Reuters.com Bonds News
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