Why the tanking Japanese yen should concern investors: Morning Brief

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Thursday, March 31, 2022

The Bank of Japan (BOJ) was in a bind on Monday.

Its currency, the yen, was crashing while yields on their government bonds were surging. The solution — four days of unbridled bond buying by the BOJ to stem the hemorrhaging and contain interest rates. While the gambit worked (for now), Wall Street is waking up to this…


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