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Yen Falls after BoJ Decision, US Bond Investors Hopeful on Treasury’s Plan to Spend ‘Less’

Yen Falls after BoJ Decision, US Bond Investors Hopeful on Treasury’s Plan to Spend ‘Less’
The Bank of Japan (BoJ) kept interest rates unchanged, redefined the 1% limit on the 10-year JGBP yield as a loose ‘upper bound’ and scrapped its promise to keep that level intact. Alas, the move was less aggressive than expected by the market and sent the yen tumbling. Japanese policymakers’ insistence that they won’t hesitate […] The post Yen Falls after BoJ Decision, US Bond Investors Hopeful on Treasury’s Plan to Spend ‘Less’ appeared first on Action Forex... Read More
Posted: Oct 31 2023, 07:00
Author Name: actionforex
Views: 042068

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