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A Bond Breakdown and a Yen Rebound

Bloomberg Surveillance

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The Challenge of Replacing an Iconic Figure at Morgan Stanley

The chapter explores the impact of Hans Gunter-Retaker's absence on the foreign exchange market, focusing on key figures like James Lord and Robbie Feldman in understanding the dollar-yen dynamics. It delves into Japan's potential intervention to stabilize the yen, analyzing the short-term effects and the reasons behind central banks' discreet interventions.

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