Bank Of Japan Pays 1.6 Trillion Yen To Send A Message About The Message They Won’t Send On Tuesday

Bank Of Japan Pays 1.6 Trillion Yen To Send A Message About The Message They Won’t Send On Tuesday

There was fresh evidence on Monday to support the contention that the Bank of Japan faces a particular tedious communications challenge on Tuesday amid "rumors" that Kuroda and his merry band of "positive" thinking reflationists are beginning to question the effectiveness of their own policies. For the third time in a week, the central bank was forced to step in with a fixed-rate purchase operation to cap 10Y yields, which rose to 0.11% on Monday, reflecting ongoing speculation about tomorrow's
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