Jun 03/14 – Fading the “in your face” news
US Bond Yield and Japanese Yen Correlation
Over the past few years, there has been a high correlation between the US 10 year bond yield and the Japanese Yen. I believe that this relationship is due to the fact that the Bank of Japan has increasingly been a major source of liquidity for global markets. When the BoJ is putting its foot down on the accelera…