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The yen disconnects from the bond market for now

The yen disconnects from the bond market for now

The BOJ left monetary policy unchanged in Kuroda's final meeting as central bank governor and that saw the yen fell in the aftermath. Meanwhile, Treasury yields continue to plunge as Fed odds reset with traders getting worried and anxious about the situation involving SVB since yesterday.

That is creating two differing narratives in the market and it has resulted in a divergence in the usual correlation between USD/... Read More

Posted: Mar 10 2023, 05:41
Author Name: forexlive
Views: 082170

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