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What kuroda is going to do and how that affects the global bond market. We will debate the future of the feds Monetary Policy with former minneapolis fed president gary stern. First, jon will bring us uptodate on the markets. To the bloomberg, gear up for the session on wall street. In equities, no real drama. We are down about one third of 1 . The dax off by. 4 . The real shakeout is having fixed income. Lets move things over to that asset class. The long end of the jgb curve, yields up by eight basis on the 30year. Endntially it is a long selling off quicker than the front end. The idea as they the idea is that you place in more inflation, more stimulus may be, but more specifically, the central bank and the bank of japan may shift things toward the front end and allow the long end to selloff a little bit. In the fx market, the move is as follows. The dollar is stronger. Up about. 1 . Dollaryen has been absolutely whipsawed by ....
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