Japanese Yen: Boj Path and JGB Selloff – BNY Bny’s Bob Savage Notes Japanese 20-year Yields Have Climbed to 1997 Highs

Japanese Yen: BoJ path and JGB selloff – BNY BNY’s Bob Savage notes Japanese 20-year yields have climbed to 1997 highs as JGBs track U.S. moves, with markets watching USD/JPY holding below 158.

A record current account surplus and supportive comments from U.S. officials reinforce expectations for a BoJ rate hike in