MUFG to Consider 'Full Scale' Japan Bond Buying If Yields Hit 1.2% [Financial Post (Toronto, Ontario, Canada)]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
Company Research
Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Mitsubishi UFJ Financial Group Inc. will consider shifting more of its $488 billion securities portfolio into Japanese government bonds when yields reach 1.2%, as it expects the central bank to continue raising interest rates. Japan's biggest lender will weigh “full-scale investment” in domestic sovereign notes when 10-year yields and overnight index swaps reach that level, said Hiroyuki Seki, head of MUFG's markets business. The bank could move ¥5 trillion to ¥10 trillion ($35 billion to $70 billion) from its central bank reserves into bonds, Seki said. Traders worldwide are watching for signs that Japan's financial institutions will pile back into local debt now that the Bank of Japan has started raising rates and paring its bond holdings. As inflation takes hold, MUFG expects Governor Kazuo Ueda to make steady progress in his policy normalizati
Show less
Read more
Impact Snapshot
Event Time:
MUFG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MUFG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MUFG alerts
High impacting Mitsubishi UFJ Financial Group, Inc. news events
Weekly update
A roundup of the hottest topics
MUFG
News
- As Tokyo Extends Stock Trading Hours, Concerns Grow It Could Stoke Volatility [Yahoo! Finance Canada]Yahoo! Finance Canada
- As Tokyo Extends Stock Trading Hours, Concerns Grow It Could Stoke Volatility [Yahoo! Finance]Yahoo! Finance
- Tokyo Metro Considers a Shareholder Benefits Program [Yahoo! Finance]Yahoo! Finance
- Bank of Ayudhya And 2 Other Top Dividend Stocks For Your Portfolio [Yahoo! Finance]Yahoo! Finance
- Online Brokers Are Taking Japan Market Share From Bigger Rivals [Yahoo! Finance]Yahoo! Finance
MUFG
Earnings
- 8/2/24 - Beat
MUFG
Sec Filings
- 8/30/24 - Form 6-K
- 8/30/24 - Form 6-K
- 8/27/24 - Form N-PX
- MUFG's page on the SEC website