Behind The Markets Podcast: Peter Boockvar
Behind the Markets Podcast
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Yen in Japan - What's the End Game?
The yen's decline has accelerated, and that could lead to a shifting policy. The markets aren't letting Coroda ride off with the current policy; he'll have to come up with more n printed ot buy five and ten year g d bs. I would not be surprised if croda shocks us and decides to widen the band of the old curve control at the next meeting or two. If there's any marked messaging left inthe japanese bond market, it's tat fort a year.
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