Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Thematic (Sector/Industry)

<ul>
<li>US indices were mixed; Healthcare outperformed, while Industrials, Technology, Financials and Energy declined.</li>
<li>Treasury to at least double long-duration liquidity buybacks to USD 4bn, pushing long-end yields lower (10Y -7bps) and weighing on the USD. </li>
<li>Moderna surged over 175% after successful melanoma vaccine trial with Merck; Estée Lauder beat quarterly expectations and raised FY outlook.</li>
</ul>


US indices were mixed; Healthcare outperformed, while Industrials, Technology, Financials and Energy declined.
Treasury to at least double long-duration liquidity buybacks to USD 4bn, pushing long-end yields lower (10Y -7bps) and weighing on the USD. 
Moderna surged over 175% after successful melanoma vaccine trial with Merck; Estée Lauder beat quarterly expectations and raised FY outlook.


Ohayo Japan | US Treasury’s Bond Buyback Expansion