Bank of Japan Plays 'Hide and Peekaboo' with Interest Rates
Key Points
- Japan's central bank is sticking to its low 0.5% interest ra...
Japan's central bank seems determined to keep playing it cool with that sweet, sweet 0.5% interest rate. If monetary policy were a game show, the Bank of Japan would be the contestant who keeps passing their turn while everyone else is frantically buzzing in.
Yield Curve? More Like Mild Curve
The 10-year government bond yield is chillin' at 1.31%, which is about as exciting as watching paint dry in a humidity-controlled room. President Trump's latest trade talk with Japan has traders yawning at safe-haven assets, a stark contrast to last week's mini-celebration when yields hit 1.34% after ...
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