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Finance & Markets

Japanese bonds rally as tech rout drives demand for safer assets

TOKYO: Japanese government bonds (JGBs) rallied on Friday, sending yields to multi-month lows, as investors scurried to traditional safe-haven assets as a rout in tech stocks deepened.

Japanese bonds rally as tech rout drives demand for safer assets

We haven't written up this one. New Straits Times has the full story — the link below goes straight to it.

Read the original at nst.com.my →

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CBN Report: Fiscal Deficits Impacts Naira, Spikes Interest Rates

■Says fiscal expansion remains major source of exchange rate instability ■Study advocates legally binding fiscal rule establishing a ceiling for budget deficits relative to gross domestic product…

  • Persistent budget deficits weaken Nigerian naira, causing exchange rate volatility
  • Fiscal imbalances complicate interest rate control, strain monetary stability
  • Study recommends fiscal rules, stabilization fund, strategic reserve management

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