Arthur Hayes: Japanese Government Bond Yields Surge, Central Bank's Rate Hike Plan May Face "Heavy Blow"
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Arthur Hayes commented on social media about the surge in Japanese government bond yields. He stated, "Every central bank governor has a plan to raise rates until the bond market punches them in the face." Data shows that the yield on JGB 2.4 03/20/55#86 has risen over 15% in the past month, from 2.721% to a high of 3.184%, currently at 3.132%.
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