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Is the sun setting in Japan?


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#1 K Wave

K Wave

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Posted 18 June 2022 - 08:09 AM

Despite BOJ throwing trillions of yen at bonds every single day last week, this was the end result of their tragic and hopeless game of Whac-a-mole

 

Yen at multi-decade lows, and BOJ appears to have lost control of the bonds..

 

This is most likely going to get VERY ugly from here on out, with quite likely global ramifications...

 

JGB 10 yield

 

jp10y.png

 

JGB 20 yield

 

jp20y.png

 

JGB 30 yield

 

jp30y.png

 

 

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy