You never followed me back, so I've unfollowed you. You're so dishonest
佛文BTC
--
The Japanese interest rate path at 3:00 PM is unlikely to be hawkish directly
Instead, it will be discussed in a dovish tone, but what I believe is a dove's beak and a hawk's feet
Just now, the yield on Japanese government bonds has increased from the 2% announced at around 11 o'clock to 2.01%
This 0.01% change reflects a voting sentiment among many practitioners regarding the interest rate path
That is: just because you are not hawkish now, it does not mean you will definitely be dovish in the future.
This indicates that many people are already selling high-risk assets to buy yen and purchase Japanese government bonds, The bond market is slower than the currency market, but more ruthless!
For Japan, 2.01% is not a "small number"
You have to look at it in the context of Japan's history, Japan has long been at 0% to 0.5%, 2% means there is a certain, risk-free return on capital Borrowing yen and buying overseas assets is beginning to be reversed
This is a "slow knife" of tightening global liquidity