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In this regular podcast series, MUFG subject matter experts within our business discuss the forces, indications, and policies that impact the U.S. economy and financial markets, and provide updates to their economic outlooks and forecasts for the weeks, months, and years ahead.

The BoJ moves to address climate change while Japanese investors cover foreign bond sales and foreigners accelerate Japanese bond purchases

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses the BoJ’s efforts to address climate change through monetary operations and cross-border investment flows. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

Reconsidering USDJPY basis arbitrage in light of a more hawkish Fed and changes to the BoJ’s buying plans

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses JPY cross-asset triggers in light of recent developments as well as Japan political risk following the Tokyo Assembly elections. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

The Taper Road Map

In this episode, MUFG Head of U.S. Macro Strategy, George Goncalves, returns to recap, once again, what has felt like an unrelenting rally in long-term rates. He also previews what to look out for in the June FOMC minutes and more broadly what to expect from the Fed and economic data over the course of the third quarter.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

Japanese investors continue to buy foreign bonds in the wake of the June FOMC meeting, plus BoJ JPY interest rate incentive schemes and you

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses the latest in Japanese and foreign investor cross-border flows, BoJ’s inaugural JPY interest rate incentivized deposit amount breakdowns, and JPY cross-currency arbitrage opportunities. He also shares his views on the Dollar/Yen, Yen rates, and Yen basis.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

ESG’s acceleration: Critical themes to monitor in the year ahead

In today’s episode, Tom Joyce, MUFG Head of Capital Markets Strategy, speaks with Hailey Orr, Capital Markets Strategist and Amanda Kavanaugh, Head of Sustainable Finance, Americas, on the key developments in public policy as well as issuer and investor trends in the U.S. capital markets.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

USDJPY basis arbitrage trading in the wake of small but significant changes at both the FOMC and BoJ meetings

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses last week’s BoJ meeting, JPY cross-currency trading in the wake of the June FOMC meeting, and Japanese investor activity across domestic and foreign bond markets in May. He also shares his views for Dollar/Yen, Yen rate, and Yen basis.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

Will USDJPY break out of range, or will BoJ current deposits remain the last resort for surplus global funds?

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses Japanese pension fund flows as well as Asian investor U.S. bond flows based on U.S. TIC data, while offering a preview of the June BoJ meeting. He also shares his views for Dollar/Yen, Yen rates, and Yen basis.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

FOMC Preview: The last potential dovish meeting?

In this episode, MUFG Head of U.S. Macro Strategy, George Goncalves, returns to discuss some of the drivers that have led to a decent rates rally, even in the midst of record high inflation prints. We also review George’s recent report and provide a recap of what to expect at the June 2021 FOMC meeting.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

Are we headed towards the next housing bubble?

In this episode, Glenn Schultz, MUFG Head of Agency Mortgage Prepayment Modeling and Strategy, discusses how we are in the late stages of the refinance wave and shares his views on where home price appreciation and housing supply is going over the next year.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

Japanese life insurance company earnings suggest stabilization of global credit and equity markets as major central banks pull back support

In today’s episode, MUFG Chief Japan Strategist Takahiro Sekido discusses Japanese life insurance companies’ investing flows and the impact on markets based on analysis of their FY20 earnings. He also shares his views for the front-end of the JGB curve as well as Dollar/Yen, Yen rate, and Yen basis more generally.

If you can’t view the above media player, this podcast is also available on Apple Podcasts and Spotify.

Learn more

For more information,
contact us.

John Cooke
Head of Rates Sales, Americas
New York, NY
1-212-405-7353
John.Cooke@mufgsecurities.com

George Goncalves
Head of U.S. Macro Strategy
New York, NY
1-212-405-6687
George.Goncalves@mufgsecurities.com

Takahiro Sekido
Chief Japan Strategist
Tokyo, Japan
1-81-3-6214-4150
Takahiro_Sekido@mufg.jp

Glenn Schultz
Head of Agency Mortgage Prepayment Modeling and Strategy
Chicago, IL
1-212-405-6521
Glenn.Schultz@mufgsecurities.com

The podcast content above is being provided for educational and informational purposes only. The information and comments are not the views or opinions of MUFG Union Bank, its subsidiaries or affiliates. Please consult your attorney, accountant or tax or financial advisor with regard to your particular situation.