Could the largest foreign buyer of American debt suddenly stop buying? Here is a comforting thought:…
Tag: central banking
Fed gave no indication of possible rate cuts at last meeting, minutes show
Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime…
Yield Curve Control Joins the Living Dead
Japan’s Halloween decision to nix its official bond yield cap means “yield curve control” has one…
Higher Rates Are Supercharging Japan’s Banks
Stodgy Japanese banks have morphed into some of the globe’s best investments in 2023.