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The ECB warning on bond market impacts of BOJ policy change is getting a rerun in Asia
On Wednesday the European Central Bank released its quarterly Financial Stability Review.In it the Bank warned that policy normalisation by the Bank of Japan could test the resilience of global bond markets."Inflation in Japan has been increasing over the past year, leading market participants to expect the Bank of Japan to start normalising its monetary policy," If Japan normalises policy, this could rechannel investments by Japanese investors who have a large footprint in global financial mar...
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Posted: Jun 1 2023, 03:20
Author Name: forexlive
Views: 081332