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2024

2023

  • Daiwa's View

    Daiwa's View

    21 September 2023 1233 KB PDF
    • Daiwa ESG Conference 2023: for investors and bond issuers
    • Diverse topics including academic reports, GX policy, major investor ESG investment stances
    • This report provides seminar overview and key points
  • Daiwa's View

    Daiwa's View

    15 September 2023 796 KB PDF
    • JGB yield outlook
    • 10-year JGB yield is expected to be at about 0.80% at end-1H FY24
  • Daiwa's View

    Daiwa's View

    13 September 2023 713 KB PDF
    • Fair value of JGB yields from the standpoint of fundamentals
    • 10-year yield is likely to move at or below 0.8% in the near term, but rise to about 1% when negative interest rates are eliminated
    • We have little grounds to think that superlong forward yields will continue to rise
  • Daiwa's View

    Daiwa's View

    12 September 2023 673 KB PDF
    • BOJ is marching in step with government
    • They are working together to prevent depreciation of the yen
  • Daiwa's View

    Daiwa's View

    11 September 2023 688 KB PDF
    • BOJ Governor Ueda interview
    • Change to more balanced data-dependent stance
  • Daiwa's View

    Daiwa's View

    8 September 2023 846 KB PDF
    • 10-year JGB yield when YCC and negative interest rates are eliminated
    • Around 1.15% in a scenario with US yields at current levels
  • Daiwa's View

    Daiwa's View

    7 September 2023 575 KB PDF
    • Good news is bad news
    • FCI-G index indicates insufficient tightness
  • The Boeing Company (BA US)

    The Boeing Company (BA US)

    7 September 2023 1322 KB PDF
    • Maintains annual delivery guidance
    • 2Q23 Revenues increased 18% y/y to $19.8bn due to higher volume of commercial aircrafts; Operating income was $(99)m driven by losses at Commercial Airplanes and Defense segments