Ayako Fujita

Haibin Zhu, Chief China economist at J.P. Morgan, and Ayako Fujita, Chief Japan economist at J.P. Morgan, discuss the recent temporary roll-back of tariffs between the U.S. and China and its effects on Asia's economies. They explore the potential permanence of this truce and the implications for trade with Japan and Korea. The conversation dives into the complexities of trade negotiations, currency accords, and the Bank of Japan's monetary policy, highlighting regional challenges and cautious optimism for recovery amidst geopolitical tensions.

In this discussion, Ayako Fujita, J.P. Morgan's Head of Japan Economic Research, and Takafumi Yamawaki, expert on super long-end JGBs, join Tim West, Head of DMGIS Rate Sales for APAC. They delve into the factors driving the sell-off in long-end Japanese Government Bonds, exploring supply-demand dynamics and rising yields. The trio highlights challenges faced by the Bank of Japan, investor behavior shifts, and the impact of Japanese yields on global markets, offering invaluable insights into the evolving bond landscape.