5min chapter

Market Depth cover image

The End Game Scenario for the Bank of Japan

Market Depth

CHAPTER

The Origins of Yield Curve Control Trading Bans

Markets established that 10 basis points was the upside cap that the bank Japan would tolerate. And then did the reciprocal minus 10 basis points as the downside cap in which the bank, bank, and potentially sell JGBs. Markets just assumed that these were the levels and by doing so they made it a reality. But yield curve control is a living breathing flexible and adapt adaptive tool that no other central bank has any experience with other than the Bank of Japan.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode