The Impact of the Japanese Yen Meltdown and the 10-Year Bond?
The Effect of the Weak Japanese Yen and the 10-Year Bond?
Currently,
the level of Debt-to-GDP in Japan stands around 252%. It points to the possible
reason why BOJ is letting the Japanese Yen get weaker as they strive to buy as
many 10-Year Bonds as possible. Potentially, there is a high chance of BOJ
selling the same at a rate of around 0.25%. Moreover, the economic conditions
on the ground have seen the interest rate differential gap between the US bonds
and the Japanese Bonds widen. Consequently, the Japanese Yen has reacted by
becoming weaker by the day. Irrespective of the sentimental, weak, and free-falling
Japanese Yen, a majority of retail traders are a strong bear of xxx/JPY pairs.
For example, GBPJPY.
Retail Traders on Strong Short
Technical Overview
Despite
the noise in the market and the issues surrounding the Russian-Ukraine War and
its impact on the overall market performance, Analyticdave is GBPJPY Bearish
Bias.
Following the above Technical and Trend Overview of Japanese Yen, Analyticdave has a Bear Bias on GBPJPY.
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
