Bank of Japan Maintains 0.5% Rate While Considering Bond Purchase Cuts

The Bank of Japan just gave us the monetary policy equivalent of ordering a Diet Coke with your supersized meal – keeping rates at 0.5% while hinting at maybe, possibly, perhaps cutting back on their bond-buying binge. Because nothing says "decisive central banking" like hedging your bets harder than a rookie trader's first options play.

When Yield Curves Get Curvy

Here's where things get spicy: U.S. Treasury yields are climbing faster than your credit card balance after a Vegas weekend, but the dollar is dropping like it's contaminated. This is about as normal as finding your portfolio ...