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Governor Kuroda: The Decade’s Most Consequential Central Banker
Forward Guidance
BOG's Policy Unaffected With Yield Curve Control Since September of 2016
Many people seem to think that 2022 was the year of BOG being like the weird lone outliers such a bank you know not aligned with the global rate hiking in QT or stopping of QE. But reality is the BOG has always been an outlier marching to the beat of its own drum it's not just a 2022 this is since 2016 yields curve control and session. Between all the BOG is amassed an absolutely insane amount of JGBs creating a giant sovereign bond bubble where most indebted nation in world can borrow at fraction of what risk-free US treasury rate isOkay that's what's called a bubble it makes no economic sense like no economic gravity applies here so okay so
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