A few months ago, we warned readers and viewers that the Bank of Japan is one of the most important central banks to be watching. Since then, the Bank of Japan have done unlimited bond purchases, and two currency interventions to stabilize the Yen. Will it be enough? Furthermore, will the Bank of Japan have to sell off US treasures in order to stabilize the Yen? What ramifications will this have for world bond markets?
Yensanity! Can the Bank of Japan defend the Japanese Yen? – Chart Attack Video
A few months ago, we warned readers and viewers that the Bank of Japan is one of the most important central banks to be watching. Since then, the Bank of Japan have done unlimited bond purchases, and two currency interventions to stabilize the Yen. Will it be enough? Furthermore, will the Bank of Japan have to sell off US treasures in order to stabilize the Yen? What ramifications will this have for world bond markets?
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