Miner Company
Soaring Bond Yields, Falling Yen, And Big Wage Gains Leave BOJ In A Dither
The Bank of Japan faces mounting pressure as the yen tests the critical 160 level and JGB yields surge to 2.30%, a 30-year high. Persistent inflation above 2%, 5%+ wage gains, and Middle East conflict are driving bond yields higher and straining currency stability.
The Bank of Japan faces mounting pressure as the yen tests the critical 160 level and JGB yields surge to 2.30%, a 30-year high. Persistent inflation above 2%, 5%+ wage gains, and Middle East conflict are driving bond yields higher and straining currency stability.