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Anticipation for November Refunding and Global Market Impacts🌍
This Wednesday will also see the release of the highly anticipated November refunding announcement, where the market is bracing for a substantial upsizing in the Q4 auction supply, in addition to a potential tail risk of signaling an even higher supply schedule for 1H 2024. Furthermore, the BOJ meeting this week might have far reaching reactions for Japanese investors, depending on how aggressive the YCC policy is tweaked, as a higher domestic yield base might incentivize asset repatriation and limit US treasury investments into 2024.
#BOJMeeting #YCCPolicy #USTreasuryInvestments #JapaneseInvestors #GlobalMarkets

"#Bitcoin is too complicated!"

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