Nomura CFO Says Japan’s Volatile Yields Make Trading Difficult

Nomura Holdings Inc. is finding the volatility in yen interest rates movements a challenge, even as it embraces the roller-coaster ride elsewhere.

“We are doing very well in trading business abroad, especially in the US,” Chief Financial Officer Takumi Kitamura said at an earnings briefing on Friday. “On the other hand, it has become a little difficult to manage it in Japan partly due to the impact of a big jump in super-long yen rates.”