Japan's SMFG (8316 JT) plans big JGB purchases after selloff, Bloomberg reports

SMFG's intention to make significant JGB purchases following a selloff suggests a strong belief in the undervaluation of Japanese bonds.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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This move could signal increased demand for JGBs, potentially stabilizing yields and impacting the broader fixed income market. Traders should watch for shifts in sentiment and positioning around JGBs as this initiative unfolds.

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