USDJPY trading - $USD is Preparing for Top of 140.00
Enter your emailBoJ officials are expected to keep interest rates low to stimulate the country's economy the USD/JPY currency pair
Treasuries and other major bond markets have been shaken significantly this year, but a new round of volatility and spikes in yields could erupt if the BoJ follows other global central banks by abandoning its easy monetary policy in the face of rising inflation. This has left one of the few fulcrums globally still connecting markets to the era of easy money, so a change of course could spread across Treasuries and elsewhere.
This is because the Bank of Japan will probably prefer to stick to its current policy stance until next April when Governor Haruhiko Kuroda's current term ends. But analysts say, "the bank's hand could be forced up front" by risingthere, "at least thanks to the weak yen, or because of higher yields in the US" that continues to attract money.
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