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So it should be no surprise the BoJ will hike rates later today at its Monetary Policy meeting.
As this chart shows. the market is pricing more than a 90% probability they will hike today. https://t.co/ayiAvVcyrC
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And they are expected to aggressively hike throughout 2026. https://t.co/m0lK9QRYk7
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Japan's inflation problem and aggressive rate hikes has its 10-year yield (blue) soaring.
For the first time in 30 years, Japan is NOT the lowest 10-year yield in Asia. It's now China (red).
The "sick economy" of Asia is no longer Japan, it's China. https://t.co/PA9bsmZGMw
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