Растущие CDS

К предыдущему посту:

The price of protection against company defaults rose to a five-week high in Europe and increased in Asia after Standard & Poor’s said it may cut Japan’s credit rating and Chinese banks started to restrict new loans.

Japanese bonds rose, pushing 10-year yields down 1.5 basis points to 1.32 percent, close to the lowest level in three weeks, according to Japan Bond Trading Co., the Asian nation’s largest interdealer debt broker.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=afmAuyCntRKs

С ростом неприятия риска, иена укрепляется как валюта фондирования кэрри-трейда, а следовательно падают доходности по японским государственным облигациям из-за роста их курса.

ВОТ ЧТО ЗНАЧИТ НЕ ОБНОВИТЬ БЛУМБЕРГ!!!
ЗА ИЕНОЙ ТО СМОТРЮ НОНСТОП, А ВОТ ЗА БОНДАМИ только по Блумбергу.

ЕЩЕ ДОП:
Правительсвто в лице Министра Финансов все сильнее давит на центробанк:

“I think more can be done” by the central bank to tackle deflation, Kan said in parliament today. “I expect the path for ending deflation will be foreseeable within two or three years with our efforts and help from the BOJ.”

Noriaki Matsuoka, an economist at Daiwa Asset Management Co., said the timing of Kan’s remarks, made before the central bank concluded the policy meeting, was “very unusual.”

“The comments show that the government wants the BOJ to do more, to fight deflation together with the government,” Tokyo-based Matsuoka said.

The central bank introduced the 10 trillion yen ($112 billion) emergency-loan program last month after the yen surged to a 14-year high of 84.83 against the dollar and Kan said it should do more to support the economy.

Так что программы покупки и монетарного воздействия будут увеличиваться. Япония пока что не собирается выходить из дефляции:

“Even as the global economy recovers and other central banks gradually move to exit from their accommodative stances, the BOJ is unlikely to follow them while Japan remains in deflation,” said Takuji Okubo, chief Japan economist at Societe Generale SA in Tokyo. “The market should be braced for the BOJ keeping its current rate unchanged for a very, very long time.”

http://www.bloomberg.com/apps/news?pid=20601068&sid=a38McQ.PFqRg