The Japanese Yen is Collapsing

The Bank of Japan has been engaging in outright yield curve control since 2016, and it is now on the brink of failing. Despite defending the yield and buying as many 10 year bonds as possible, the yield is still at the top of the range and it has taken a massive toll on the Yen. The Yen has moved down faster than almost ever, and every day it gets harder and harder to keep this game up. They will have to choose one or the other - rates or the currency. Which will fail first?   Get $10 of Free BTC with Swan Today http://bit.ly/swnhrsy   Join me at Market Disruptors Live May 6-8 https://go.1markmoss.com/joseph   Jim Bianco's twitter thread https://twitter.com/biancoresearch/status/1516429170229886977?s=20&t=XBunbLwe1k103S63cXSb-g