BoJ’s effective control over JGB yields at 0.5% helped propel stocks to new highs in July. JGB yields are climbing after the YCC shift on Friday, but Japanese real yields…
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BoJ’s effective control over JGB yields at 0.5% helped propel stocks to new highs in July. JGB yields are climbing after the YCC shift on Friday, but Japanese real yields…
Change to YCC in Japan, with new effective yield cap of +1.0% on 10-year JGB. JGB yields jumped, but there is a long way to go. Indeed, the yen has…