Japanese Bond Yields Collapse On BoJ Front-Running

If there is one thing the Fed taught the world’s investors it was to front-run them aggressively; and whether by unintended consequence or total and utter lack of belief that despite a ‘promise’ to do ‘whatever it takes’ to stoke 2% inflation the BoJ are utterly unable to allow rates to rise since…

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Japanese Bond Yields Collapse On BoJ Front-Running

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