0145 GMT - Japan's overnight index swap curve may keep bear-flattening in short term, due to a rise in near-term BOJ policy rate expectations and declines in U.S. Treasury yields, three Japan-based strategists at Morgan Stanley MUFG Securities say in a report. The Bank of Japan's terminal rate will probably continue to be upwardly repriced, owing to factors such as BOJ officials' comments for a potentially higher neutral rate above 1.0%, they say. The brokerage's U.S. rates strategists maintain their view for Treasury yields to fall through September 2026, though the Fed has been signaling somewhat of a reluctance to keep cutting rates amid concerns over tariff-induced inflation, they add. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 16, 2025 20:45 ET (01:45 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。