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Pimco Is Buying Yen to Prepare for Tighter BOJ Monetary Policy

Pimco Is Buying Yen to Prepare for Tighter BOJ Monetary Policy
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Pimco is buying yen to prepare for tighter BOJ monetary policy

The bond giant started building a long yen position when Japan’s currency weakened past ¥140 per dollar a few months ago.

Stock Market Edging Toward Extremes of Great Depression, Dot-Com Eras

The stock market is edging toward extremes of Great Depression and dot-com eras

Stock-market valuations, by one measure, have hit levels surpassed only a few times in the past, including the Great Depression and the dot-com bubble.

Bonds Surge on CPI Surprise; Asia Stocks to Jump: Markets Wrap

(Bloomberg) Stocks in Asia jumped to track Wall Street’s rally after an unexpected inflation slowdown bolstered bets that the Federal Reserve’s aggressive hiking cycle is over. Treasury yields and the dollar steadied after sliding in the previous session. Most Read from BloombergS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USBiden, Xi to Announce China’s Crackd

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