The recent unexpected decision by the Bank of Japan to raise interest rates to around 0.25% has sent shockwaves through global markets. This move, combined with the announcement of a cut to Japanese Government Bond purchases, has raised concerns about the future of the Yen carry trade and its implications for the USD/JPY exchange rate.
Kanaa
China’s bond market, the second-largest in the world, recently experienced a turbulent week with the central bank heavily intervening to stem a plunge in yields. This move comes at a time when the economy is struggling, raising concerns among investors. Despite the unprecedented government actions to cool down the market, some die-hard investors remain bullish