01/08/18

Japan, China Markets Turmoiling



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Japan, China Markets Turmoiling
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As the first full trading day since The BoJ shifted policy ever-so-gently, Japanese bond yields have blown out, spiking to 11bps. At the same time, Chinese stocks and Yuan are sliding on the heels of Trump's tariff escalation.

It seems no one was interested in buying 10Y JGBs as Kuroda faces his first test...

"The market is more likely to test an upside to bond yields sooner or later given the BOJ allows wider deviations in ....

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