The Bank of Japan intervened in the Japanese government bond (JGB) market on Friday for the fifth time this month after the 10-year yield rose to a fresh decade high, pitting the BOJ in a fight against market forces amid surging U.S. yields.
The Bank of Japan intervened in the Japanese government bond (JGB) market on Friday for the fifth time this month after the 10-year yield rose to a fresh decade high, pitting the BOJ in a fight against market forces amid surging U.S. yields.