Liz Tlust Stlikes Again

[spygirl]

Japanese bond yields continue to rise after Bank of Japan bombshell

IMF says move was ‘sensible’ but clearer communications would help anchor markets

https://www.ft.com/content/4c17cc6b-69eb-4ed1-ad8c-189f6692efd3

The yen moderated and Japanese government bond yields rose on Wednesday as investors weighed whether the Bank of Japan’s shock policy tweak signalled the beginning of an end to its decade-old ultra-loose monetary experiment.

The yield on two-year notes also inched into positive territory for the first time in seven years, according to broker Japan Bond Trading. For now, though, strategists at Goldman Sachs said the global spillover effect from the BoJ’s revision to its longstanding yield curve control measures was likely to be limited, ruling out a repeat of the gilt market turmoil in October.

 

Fuck markets. They are part of the reason why we are in this mess.

[Stuey]

1 minute ago, spygirl said:

 

Fuck markets. They are part of the reason why we are in this mess.

"Markets" would have stopped this shit a long time ago if they weren't being fucked around with by governments.