Moodys: For Japanese banks, a rise in interest rates would bring more benefits than risks

Analysts at Moody’s rating agency say that for Japanese banks, a rise in interest rates would bring more benefits than risks

• higher interest rates would spur a rise in bond yields and mark-to-market losses on investment in debt securities for Japanese banks

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The Bank of Japan meet next week, on the 27th and 28th/ The Bank will not raise interest rates. Specualtion centres on if there will be some more tweaking of YCC.

• More on ex-BOJ Hayakawa expects Bank to tweak yield curve control (YCC) program this month

This article was written by Eamonn Sheridan at www.forexlive.com. Source