You are Here
BoJ Wants You To Know They Are Not The Black Swan You’re Looking For

BoJ Wants You To Know They Are Not The Black Swan You’re Looking For

1 min read
Yeah, so about an hour before Donald Trump delivered his "Shates" of the Union on Tuesday evening, the BoJ increased bond purchases at its regular ops in the 3-5Y bucket in a readily apparent effort to "prove" that the market got it "wrong" earlier this month when everyone "misinterpreted" a trimming of 10-25Y buying as a sign that Kuroda is thinking about how to slowly normalize policy against a backdrop of improving macro and inflation expectations. If you recall, that paring of 10-25Y purch
Every story you need, no story you don't. It's that simple. Get the best daily market and macroeconomic commentary anywhere for less than $7 per month. Subscribe or log in to continue.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Month’s Best

The Dawn Of The Great Immoderation

1 min read
It's a heretical notion, but I'm compelled to repeat it at regular intervals: It's the…

Burning City On A Hill

1 min read
I've come to despise politics, which is unfortunate because I was raised around political scientists,…

Jeffrey Sachs And The Nord Stream: A Counter-Narrative Case Study

1 min read
I've long described my raison d'être in terms of the intersection between geopolitics and finance.…

What If ‘Normal’ Isn’t What We Think It Is?

1 min read
The past two years prompted quite a bit of soul-searching for humanity, and particularly for…

300 Million Hamsters

1 min read
Has the Fed regained its credibility as a check on inflation? That's the question. Answers…

Pozsar: Powell Would Risk US Depression To Slay Inflation

1 min read
Zoltan Pozsar has a subtle suggestion for those attempting to forecast inflation: Consider the possibility…
Order Now

NEWSROOM crewneck & prints