USDJPY and US-Japan rate spreads – a regime shift?

The JGB’s will bear watching over the next days and weeks as we must determine whether the volatility touched off by Kuroda’s big move will only see a one off adjustment in the near term until things calm or whether JGB’s will continue to suffer a rout. In the latter event, this would likely mean…

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USDJPY and US-Japan rate spreads – a regime shift?