Episode 77 | Clive Ponsonby - former JP Morgan FX Trader
A TRADER'S LIFE
00:00
The BOJ's Backstopping of Japanese Government Bonds
I saw a move about one or two percent. I didn't know when that was going to happen because he made comments from the team. He was kind of given the green light in early April. It looks like it's going another leg or two up, even on the weekly. The BOJ has been backstopping, buying GGBs, Japanese government bonds for so long now,. They own more than 50 cent market.
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