BOJ Bond Market Crisis Could Force Fed To Pivot | The Mike & Mario Show

Panic selling causes the Bank of Japan to lose control of the #bondmarket and the new YCC band to break. Japan's Yomiuri reported last night that the Bank of Japan (BoJ) will be reviewing the adverse effects of its massive monetary easing at its policy meeting next week and that it may take further steps to correct distortions in the yield curve due to skewed interest rates, despite the fact that it only slightly adjusted its bond yield control policy last month.

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