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33 sats \ 2 replies \ @TomK OP 25 Oct 2023 \ parent \ on: Country Garden Defaults On USD Bond meta
I hoped for the death of the Yen carry trade to get rid of the Eurozone/WEF commie printer. But they seem to d'accord with the ECB to start the race to the bottom in logstep.
I don't understand this too well. If the BOJ is using YCC to keep the 10 year below 1 %, shouldn't the yen be dropping quicker?
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The ECB is clearly doing YCC for years now. And the 5% on 10y us seems to be the ceiling until the market kills it
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