person
Brookings Institution senior fellow arguing in a Substack post that the yen is in deep trouble and that only a profound BoJ policy shift would strengthen it.
No evidence-backed relationships are recorded.
The party's plurality came in a state of barely two million people, too small for any firm to plan against on its own. The federal coalition's response is what firms can actually plan against, and two more state votes are days away.
Reality
James Galbraith says long yields are the current short rate plus the expected path of short rates and very little else, so the bond rout is a hike forecast, and because one-and-done is rare the smallest sequence worth pricing is 50 basis points.
Reality
Robin Brooks says a month of soft activity data failed to pull long yields down, and reads that as thin demand for Treasury paper. Scott Bessent is doubling debt buybacks rather than waiting for the data to help.
Reality
A synchronized surge to two-decade-high yields has made the term premium, rather than AI concentration, the exposure worth re-examining this quarter.
Reality
The first joint US-Japan yen intervention in three decades moved the rate about seven yen and handed much of it back, leaving the carry trade as the live risk.
Reality