superstakeroulette| Market analysis: 10-year Japanese government bond yields are ready to embark on the journey to above 1%

Gelonghui May 13| By cutting purchases of 5-to 10-year bondssuperstakerouletteThe Bank of Japan began the long road of reducing its holdings of Japanese government bonds. In the context of the huge bond marketsuperstakerouletteThis may be just a small move, but it is of great significance. Especially for institutions that are hiring yen interest rate traders in anticipation of more volatility in the yield curve. It will also wake up TONA futures as a tool to bet on the Bank of Japan's decisions in the coming months. It looked like a sounding signal from the Bank of Japan shortly after Kazuo Ueda met with Prime Minister Fumio Kishida. If there is an orderly sell-off in the bond market, more adjustments may be followed, and Japanese government bond yields will also rise.