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Don’t Misread The Bank of Japan

Market Depth

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The Latest Weekly Flow Data From the Miniature Finance for the Week Ending Last Friday

Two year US treasuries are down another 15 basis points to 3.7%. foreigners bought just over 4 trillion yen worth of JGBs for the largest weekly amount on record last Friday. The latest weekly flow data from the miniature finance shows an absolute collapse in global yields and JGBs in particular.

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