The Fed Lag and Mortgage Rate Dilemma
Bloomberg Opinion
00:00
Is the Bank of Japan in Control?
The benchmark yields have closed at the 0.5%. You know, target every trading day since February 10 when it rose to that level. There's a very strong interest in that Japanese yields don't go higher. Foreigners fleeing the short end of the market where they've been reaping the rewards of the cross-currency basis trade.
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