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The Morale of the Fed Staff
The bank of Japan recently announced that they would return to yield curve control, pegging bond yields at a certain amount. The entire world is moving towards more restrictive monetary policy, even the cb as you mentioned. Bank of Japan is resolute in trying to keep its yodecor control. That has implications for things like currency because usually if you can't have a release on rates, you'll try to affect all parts of the market.