“Free Fall,” “Currency Crisis,” “Economic Collapse.” These are the alarmist terms being thrown about in light of the yen’s abrupt fall to ¥160/$.The alarm intensified when currency interventi…
Panic mode in Japan as the USD/JPY surges as Nikkei 225, Topix slip invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.
For almost seven years, the Bank of Japan has been actively manipulating the interest rate pricing on Japan’s 10-year Government bond. Meddling with market forces can work for a period of time, but not indefinitely…which is why Communism failed. Markets in the end always win…
The Bank of Japan held 53.34 percent of outstanding Japanese government bonds at the end of March, a record high, after it stepped up buying to keep borrowing costs extremely low, data showed on June 27.