It’s wild how a conflict 5,000 miles away can force a central bank to change 20 years of monetary policy in a week. Everything is connected. If you’re in Japan, start looking at your electricity bill now, it’s about to triple.
1
Skiinz19Apr 3, 2026
+1
BOJ has been hiking rates consistently the last few decisions. It's what led to that large equity selloff maybe a year or so ago as the carry forward trade (buy Japanese bonds at low interest, sell for US equities) had to be unwound. The Yen gaining strength as the dollar weakened also impacted that trade.
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