Japan Banks Cut Bonds, Keep Cash on Negative RatesBy and
Banks’ JGB holdings drop 5.5% in April, as reserves rise 3.4%
Weak demand means ‘no one to lend to,’ says NLI Research
Negative interest-rate stimulus is half working in Japan, as lenders cut government bond holdings by the most in almost three years, only to hoard proceeds at the central bank.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.