The Bank of Japan's Yield Curve Control

The bank of Japan moved the yield curve control from 50 to 60 basis points. This whole global central bank liquidity started with Japan 40 years ago. The fear was always the US eventually will turn into Japan granted it's different demographics and so we've been living in this global centralbank liquidity world. Well we got tested with the Bank of England remember last year in the fall you saw a little taste of that when it can not work.