Though Pussyfooting Around on Rate Hikes, the Bank of Japan Pushes QT to Prop Up the Plunging Yen
· wolfstreet.com
Though Pussyfooting Around on Rate Hikes, the Bank of Japan Pushes QT to Prop Up the Plunging Yen
Its QT is substantial and ongoing and impacts long-term yields of Japanese Government Bonds.
Total assets on the Bank of Japan’s balance sheet fell by anothe...