Berita FX
Peristiwa yang menggerakkan pasar, kondisi tiap sesi, dan latar makro. Ditulis untuk trader yang menjalankan sistem, bukan menebak arah.
The 30-Year Stopped Through by 2.7bp and Dealers Took 2.2%. That Was Not a Buyers' Strike.
$22bn cleared at 5.308% against a 5.335% when-issued — a 2.7bp stop-through, bid-to-cover 2.61 against a 2.38 average, and primary dealers left with a record-low 2.2%. Real money took 97.8% of a thirty-year issue. Yields are not rising because buyers vanished; they are rising because the clearing price of duration moved. Plus the ECB's own projections showing core inflation higher in 2027 than in 2026.
The BOJ Board Member We Could Not Name Yesterday Is Masu — and He Argued for More Hikes
Yesterday we cut the name because three sources gave three identities. The Bank of Japan's own page settles it: board member Masu, in Fukui at 01:30 UTC, arguing that real rates are still negative and the policy rate should keep rising. USD/JPY answered with a 46-pip Tokyo range. The rate story that can actually move today is the 30-year reopening at 17:00 UTC.