Why markets responded to BoJs easing control
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Monday 31st July 2023
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Bonds markets led moves in currency markets on Thursday on news of changes to Japan\\u2019s yield curve control. A lot of those changes were retraced on Friday, o the back of softer inflation numbers for Europe and the US. So, what exactly happened? NAB\\u2019s Ray Attrill talks through how a decision over Japanese bond yields impacted yields on bonds in many other markets, including Australia. And , even though moves were retraced somewhat on Friday on inflation data, will there be a longer lasting impact on bond yields elsewhere as a result of the BoJ policy decision? Listen in for a crash course on yield curve controls.
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