Bank of Japan Re-embraces Yield Curve Control | Roundup
Jack Farley and Joseph Wang (“Fed Guy”) tackle the latest in central banking news, from the the Bank of Japan’s (8301.T) announcement that it would pin Japanese Government Bonds (JGBs) at 25 basis points, to the massively-overhyped “emergency” Fed meeting on Monday, to St. Louis Fed President Jim Bullard’s comments that the Federal Reserve’s credibility is “on the line.”
Joseph Wang’s writings can be found at: https://fedguy.com/
Joseph Wang’s Twitter: @FedGuy12
Jack Farley’s Twitter: @JackFarley96
Blockworks Twitter: @Blockworks_
Link to Blockworks’ newsletter: https://blockworks.co/newsletter/
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