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Surveillance: BOJ Surprise with Lyngen

Bloomberg Surveillance

00:00

The Japanese 10-Yen Is a Sure Thing, Right?

Tom Kean: It's a shock that the Japanese yen moved today. He asks, why aren't we up at 50 basis points on a Japanese 10-year? Why do you think that is? Harry Mann: When all the dust settles, it's pretty clear that you sell JGBs and you buy the yen.

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