Japanese 10Y Yield Rises Above 1% For The First Time Since 2013
May 22, 2024 at 17:20 PM EDT
Slowly but surely, Japan’s bond market is approaching its inevitable disintegration. With the BOJ caught in an impossible dilemma, where on one hand it is facing soaring inflation and is forced to tighten monetary policy to prop up and push the imploding yen higher in order to avoid social rebellion, while on the other hand, […] Source