Bond Vigilantes And The BOJ Are Breaking Japan’s Bond Market

“Ultimately, actual change to the yield differential is required for a sustainable correction in dollar/yen, and that might come from changing market views about BOJ, the (Federal Reserve) or recession likelihood.” ($1 = 134.3000 yen) (Reporting by Tom Westbrook in Singapore and Alun John in Hong Kong; Enhancing by Robert Birsel)

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