Person
Governor of the Bank of Japan, overseeing the central bank's interest rate decisions and monetary policy affecting the yen.
Many Bank of Japan officials prefer to hold at 1.25% on October 29-30, sources told Reuters, according to CNA. Against inflation near 2%, that leaves real borrowing costs about 0.75 points below zero.
Reality
Governor Kazuo Ueda's board hiked 25 basis points on a 7-2 vote and the yen still slid toward 158 per dollar, because the Federal Reserve had taken the same 25 basis points two days earlier and left the gap between the two unchanged.
Reality
BoJ Deputy Governor Shinichi Uchida said bond sales by AI firms are pushing up long-term rates even as AI stock gains have eased financial conditions. The easing side of that balance depends on profits that he warned may not come.
Reality
Sanae Takaichi is due to address Japan's parliament with a 370 trillion yen, 14-year investment plan whose public share her government has not specified. The speech tests the fiscal part of a bond selloff that also runs on war-driven energy costs and rate hikes.
Reality
Japan's 10-year bond yield hit 3.075%, its highest since 1996, after the Bank of Japan raised its policy rate to 1.25%. BlackRock's scenario for money shifting home from Treasuries puts it at $55 billion, 5% of Japan's $1.1 trillion holding.
Reality
The Bank of Japan's policy rate is now the highest since 1995, two of nine votes went against it, and the currency Washington spent last summer buying weakened anyway. The vote split is the number to watch.
Reality
The 10-year JGB touched 3.027% before slipping back into the 2.9% range, while 40-year paper trades near 93 yen per 100 of face and insurers are asking their asset managers how to limit valuation losses.
Reality
Scott Bessent says recent yen moves are "pretty well contained." Dollar-yen sits at 160.15, a month after Washington's first yen intervention in almost 30 years. The defence has cost roughly $11bn a yen.
Reality
Traders put a September BOJ hike at 80 to 90 percent, the yen sits four yen off its summer low of 164, and the US Treasury Secretary is telling Tokyo to let Abenomics end by itself rather than defend it.
Reality
The Bank of Japan held at 1% after raising from 0.75% in June. With 2.5% inflation projected against 0.6% growth, its own forecast says the tightening is not finished.
Reality