“As global bond yields break ever higher, it appears The Bank of Japan is realizing it is losing control of its yield curve and today unleashed a double-whammy to stifle the bond bears… Whammy 1 – BoJ offers to buy unlimited 10Y notes at 11bps. Result – a 0.5bps drop in the JGB yield!!”
1Kn9WEFymnCiU9W6AwvQej27cW5hKsYZuU