Japan can’t sustain a 10-year yield at 1.1% while long-term bonds rise; currency is set to weaken. BOJ YCC in action
Yikes. So how can Japan keep their 10 year bond yield at 1.1% with their 30 year bond ripping higher? Their 2 year bond yield is .6% None of this seems sustainable Their currency will get trashed. https://t.co/zRpxIojQl6 — QE …