Funds

23 Mins AgoJapanese banks indicated interest in government bond purchases: NikkeiJapanese financial institutions have indicated interest in buying Japanese government bonds looking ahead to the Bank of Japan potentially turning to policy normalization, Nikkei reported.Sumitomo Mitsui told Nikkei that its basic thresholds are 1% in the 10-year yield and 2% in 20-year yield, expecting bullish sentiment to follow the central bank further widening its yield tolerance range.Mizuho also told Nikkei that domestic investors would purchase Japanese government bonds if the central bank was to abolish the yield curve control scheme...