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2024

2023

  • Daiwa's View

    Daiwa's View

    24 November 2023 472 KB PDF
    • Term premium has declined once more into negative territory
  • Daiwa's View

    Daiwa's View

    17 November 2023 425 KB PDF
    • Real purchasing power decline brings sense of relief for super-long-term investments
  • Daiwa's View

    Daiwa's View

    17 November 2023 412 KB PDF
    • Soft landing and dollar depreciation
  • Daiwa's View

    Daiwa's View

    16 November 2023 473 KB PDF
    • Implications of major investor’s new JGB portfolio restructuring policy
    • Historical significance of similar de facto bond conversion characteristics
    • Reduced BOJ rinban operations and start of YCC dismantling
  • Daiwa's View

    Daiwa's View

    15 November 2023 278 KB PDF
    • CPI shock once again; If inflation rate continues to decline, adjustment rate cuts will become more likely
  • Monthly MBS Issue

    Monthly MBS Issue

    15 November 2023 911 KB PDF
    • RMBS issuance in Y50bn range as higher JGB yields weigh on Flat 35 growth
  • The Boeing Company (BA US)

    The Boeing Company (BA US)

    7 November 2023 1002 KB PDF
    • Lowered delivery target for 737
  • Daiwa's View

    Daiwa's View

    30 October 2023 493 KB PDF
    • Another policy normalization topic: Current accounts structure after ending negative interest rates
    • Handling macro add-on balance will be issue when ending negative interest rates
    • Two-tier structure of 0.0% and +0.1% seen as possible option