4min chapter

Market Depth cover image

Bank Of Japan's Week Of Bond Market Meddling Spikes Global Yields

Market Depth

CHAPTER

The Bank's Role in Shorting JGB Futures

Market price action is also a reflection of existing positions Getting exited out of and often that's forced position exiting. It's being executed in a price indiscriminate manner due to extreme and unforeseen volatility Which then triggers more forced price indiscriminate position Fleeing and closing in a self feeding you know feedback cycle, okay? That week in march of this of this year of 2023 with that near record collapse in two-year u.s. Treasure yields following jgb 10 year yields that got cut in half Immediately following the bank to pans note change decision As well as march jgb futures expiry who are now on the hook to find and deliver physical jgb's to holders of long jgb

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode