https://twitter.com/Schuldensuehner/status/1486646555302113282 #Japan’s 10y bond yield closes at highest level since 2018 as a hawkish outlook for Federal Reserve policy rattled the global debt market. https://t.co/ohGAEsaRQa https://t.co/ybt2kzwpur via @Schuldensuehner
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Holger Zschaepitz
#Japan’s 10y bond yield closes at highest level since 2018 as a hawkish outlook for Federal Reserve policy rattled the global debt market. bloomberg.com/news/articles/…
https://twitter.com/Schuldensuehner/status/1488788780228100099 #ECB follows #Japan's example of balance sheet expansion. ECB's total assets now equal 82% of Eurozone's GDP. Ratio has almost doubled since the Corona crisis. https://t.co/T04xmhAGHP via @Schuldensuehner
Twitter
Holger Zschaepitz
#ECB follows #Japan's example of balance sheet expansion. ECB's total assets now equal 82% of Eurozone's GDP. Ratio has almost doubled since the Corona crisis.
https://twitter.com/Schuldensuehner/status/1507037025362497537 In case you missed it: Aggressive #BoJ relative easing has caused #Japan's Yen to collapse to weakest level since 2015, reigniting fears of a re-run of events that led to the 2015 renminbi devaluation. SG's Edwards called this 'an earthquake in the world of foreign exchange.' https://t.co/G54dkkMRIY via @Schuldensuehner
Twitter
Holger Zschaepitz
In case you missed it: Aggressive #BoJ relative easing has caused #Japan's Yen to collapse to weakest level since 2015, reigniting fears of a re-run of events that led to the 2015 renminbi devaluation. SG's Edwards called this 'an earthquake in the world…
https://twitter.com/Schuldensuehner/status/1508343453108903943 Yen drops to the weakest level since 2015 after Bank of #Japan steps into the market to cap yields amid global bond selloff. https://t.co/qj37T13bPP via @Schuldensuehner
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Holger Zschaepitz
Yen drops to the weakest level since 2015 after Bank of #Japan steps into the market to cap yields amid global bond selloff.
https://twitter.com/Schuldensuehner/status/1508382890777878534 Bank of #Japan has intervened twice on Monday to cap the rise in Japan's yields amid the global bond rout. https://t.co/fgx8zJcyOp via @Schuldensuehner
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Holger Zschaepitz
Bank of #Japan has intervened twice on Monday to cap the rise in Japan's yields amid the global bond rout.
https://twitter.com/Schuldensuehner/status/1510514795350478851 The biggest monetary experiment in history? Most recently, the Bank of #Japan fired up the printing press again to keep long-term interest rates low. Meanwhile, BoJ's balance sheet now equals 136% of Japan's GDP. In comparison, the #ECB and the #Fed look like amateurs. https://t.co/TTfmKeFHJQ via @Schuldensuehner
Twitter
Holger Zschaepitz
The biggest monetary experiment in history? Most recently, the Bank of #Japan fired up the printing press again to keep long-term interest rates low. Meanwhile, BoJ's balance sheet now equals 136% of Japan's GDP. In comparison, the #ECB and the #Fed look…
https://twitter.com/Schuldensuehner/status/1515602965725257729 Looks like greatest MonPol experiment in history is entering a new stage. Now even #inflation is coming back to Japan. #Japan's CenBank is poised to forecast strongest inflation in 30yrs outside tax hike yrs. That still won't be enough for BoJ's Kuroda. https://t.co/iAvNX1vSFu https://t.co/nqJ7uJHEIc via @Schuldensuehner
Twitter
Holger Zschaepitz
Looks like greatest MonPol experiment in history is entering a new stage. Now even #inflation is coming back to Japan. #Japan's CenBank is poised to forecast strongest inflation in 30yrs outside tax hike yrs. That still won't be enough for BoJ's Kuroda. …
https://twitter.com/Schuldensuehner/status/1519564594112573441 Looks like investors are losing faith in the biggest experiment in modern monetary history. #Japan's Yen drops beyond 130 per Dollar for 1st time in 20yrs as Bank of Japan doubled down on bond buying. https://t.co/XDEXzSb7ti via @Schuldensuehner
Twitter
Holger Zschaepitz
Looks like investors are losing faith in the biggest experiment in modern monetary history. #Japan's Yen drops beyond 130 per Dollar for 1st time in 20yrs as Bank of Japan doubled down on bond buying.
https://twitter.com/Schuldensuehner/status/1526177644940623873 In case you missed it: #Japan PPI hit 10% for the first time in 40yrs, will CPI follow? CPI comes out on Friday, w/core #inflation excl fresh food, expected to rise to 2% for 1st time since 2008 - other than from effects of consumption tax hikes in middle of last decade. (via DB) https://t.co/gEjmVgWHvH via @Schuldensuehner
Twitter
Holger Zschaepitz
In case you missed it: #Japan PPI hit 10% for the first time in 40yrs, will CPI follow? CPI comes out on Friday, w/core #inflation excl fresh food, expected to rise to 2% for 1st time since 2008 - other than from effects of consumption tax hikes in middle…
https://twitter.com/Schuldensuehner/status/1528977184316080129 #Japan and the rest. While 10y yields keep rising globally w/Italy's 10y now above US's after Lagarde promised end of negative rates by end-Sep, Japan's 10y yields almost fixed at 0.2% due to BoJ's yield curve control. How long can it last? https://t.co/qD2GQf3eiu via @Schuldensuehner
Twitter
Holger Zschaepitz
#Japan and the rest. While 10y yields keep rising globally w/Italy's 10y now above US's after Lagarde promised end of negative rates by end-Sep, Japan's 10y yields almost fixed at 0.2% due to BoJ's yield curve control. How long can it last?
https://twitter.com/Schuldensuehner/status/1541582046241472514 The big short is back for hedge funds betting against Bank of #Japan (BoJ). BoJ says it’s committed to keeping yields low despite a global push to hike rates. As the Yen gets pummeled, investors once again doubt its resolve. https://t.co/mzTua8yhBY https://t.co/YNaXqyHu5p via @Schuldensuehner
Twitter
The big short is back for hedge funds betting against Bank of #Japan (BoJ). BoJ says it’s committed to keeping yields low despite a global push to hike rates. As the Yen gets pummeled, investors once again doubt its resolve. https://t.co/mzTua8yhBY
https://twitter.com/Schuldensuehner/status/1572845964339122177 Japanese Yen in free fall as Bank of #Japan continued to stand by its ultralow interest rates just hours after the Fed's latest jumbo rate hike. Yen hit a fresh 24y low. https://t.co/22fVWsrOvK via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1579987027529175040 OOPS! #Japan's Yen weakened past 145.90 to a fresh 24y low, raising speculation over whether and when Japanese authorities would step in to prop up the currency as they did last month. https://t.co/ihw8qfNCxx via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1583005819058024448 Looks like the biggest monetary policy experiment in economic history, Japanese-styled MMT, is not going so well right now. #Japan's Yen briefly hit 150 against the U.S. dollar, weakest levels not seen since August 1990. https://t.co/vmoOq34FF4 https://t.co/1MvD9quyon via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1588187375624015872 Biggest experiment in monetary history: How long can #Japan’s central bank defy global market forces? BoJ Governor Haruhiko Kuroda is betting on a royal flush of macroeconomic outcomes to win the battle. But the costs, and the risks, are rising! https://t.co/JGWQ5q4zKR https://t.co/bZq1RZblai via @Schuldensuehner
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https://twitter.com/Schuldensuehner/status/1605364528702787584 #Japan 2y yields have risen >0 for 1st time since 2015 after BoJ shock tweak. https://t.co/WnxlRBtWdu via @Schuldensuehner
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#Japan 2y yields have risen >0 for 1st time since 2015 after BoJ shock tweak.
https://twitter.com/Schuldensuehner/status/1606212339958657029 #Japan's consumer #inflation hits 40y high as firms increasingly passed on high energy, food & raw material costs to households. Core CPI jump to 3.7%, biggest rise since 4% jump seen in Dec1981, when inflation was still high from impact of 1979 oil shock. https://t.co/bUU9fXetSv https://t.co/03QWsjfnwx via @Schuldensuehner
Twitter
#Japan's consumer #inflation hits 40y high as firms increasingly passed on high energy, food & raw material costs to households. Core CPI jump to 3.7%, biggest rise since 4% jump seen in Dec1981, when inflation was still high from impact of 1979 oil shock.…
https://twitter.com/Schuldensuehner/status/1610084002508972033 #Japan's Yen strengthens to highest since June against Dollar. Yen has climbed 16% from its Oct nadir amid govt intervention, hopes for slowing US rate hikes & speculation over possibility of policy shift from BoJ this year after surprise Dec decision to tweak yield curve control https://t.co/O994XlGQdk via @Schuldensuehner
Twitter
#Japan's Yen strengthens to highest since June against Dollar. Yen has climbed 16% from its Oct nadir amid govt intervention, hopes for slowing US rate hikes & speculation over possibility of policy shift from BoJ this year after surprise Dec decision to…
https://twitter.com/Schuldensuehner/status/1616338335219286016 OOPS! #Japan Core CPI rose to 4% YoY in December 2022, after rising 3.7% in the previous month, marking the strongest #inflation since Dec1981 on the back of high prices of imported raw commodities and the weakness of the Yen. https://t.co/mbvW2QFXrC via @Schuldensuehner
📊 OOPS! #Japan's Yen weakens beyond 160 per Dollar, the weakest level since 1986. https://t.co/hPh0PNjvKf
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