MUFG says BOJ could end negative rates as early as January 2024

<p>
Reuters conveying opinion from MUFG’s Market Head</p>
<ul><li>Lingering concerns
about govt finances likely to keep investors on guard against buying
JGBs</li><li>BOJ could move to
end negative interest rates as early as in January
</li><li>BOJ will probably
have to maintain the YCC framework to avoid any abrupt rise in
long-term interest rates</li></ul>

<p>–</p>
<p>Mitsubishi UFJ
Financial Group is the world's second-largest bank holding company
and second largest public company in Japan.</p><figure data-media-><img src="https://images.forexlive.com/images/boj%20Bank%20of%20Japan%20flag_id_e16fa48b-253e-48ce-9bfd-fb78e468a9ed_original.jpg" alt="boj Bank of Japan flag" width="804" height="463" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/boj%20Bank%20of%20Japan%20flag_id_e16fa48b-253e-48ce-9bfd-fb78e468a9ed_original.jpg" /></figure><p>Bank of Japan </p><p>–</p><p>USD/JPY is not a lot changed on the session today, currently sitting around 148.65</p>

This article was written by Eamonn Sheridan at www.forexlive.com.