Bond bears quietly plot their move against the BOJ again

  • 10-year JGB yields move up to near 0.44% on the day
JP10Y

Just when you thought the BOJ could afford some time to breathe a little easier, it looks like it may barely last over a week. Talk of the central bank perhaps looking to begin normalising policy later this year and a lack of pushback on that from Kishida earlier here adds to more reason why traders are eagerly anticipating a BOJ pivot.

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