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

Market Depth

CHAPTER

The Risks of Bank of England's Emergency Yield Curve Control Offering

The risk is This extremely messed up market structure that can trigger and reverberate extreme movements elsewhere. In other words yields to spike by 100 basis points imagine the u.s. Treasury yields of you know 30-year treasury yields spiking by 100 basis point in like three days Well, first of all, we already know what that scenario looks like to some degree. Just look no further than late september or early october of 2022 in the uk guilt market when 30 and 40 year uk yields and guilt yields spiked over 100 basis points one 4% in a few days. The bank of england comes in with emergency yield curve control offering to buy an unlimited amount of Long dated

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