Rates Spark: The yen link to US Treasuries
A link between yen pressure and Treasuries pressure is there. It may be nothing, but then again There is a clear impulse running from the recent Japanese yen intervention saga to interest rate markets. We assert that prior JPY weakness is a manifestation of tension stemming from an uber-cautious Bank of Japan and a policy ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.