Japanese 10-year yields rise to a recent excessive since 2011

Japanese 10-year yields are solely up a single foundation level as we speak but it surely’s instructive to try the long-term month-to-month chart of Japanese yields as they present a worrisome trajectory, even when absolutely the stage remains to be low.

I would not anticipate the FX market to get too excited till 2% however that might blow up the carry commerce and sink USD/JPY to 115, as long as it wasn’t on solvency considerations.

This text was written by Adam Button at www.ubaidahsan.com.



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