Markets Look Past Silicon Valley Bank's Collapse | Weston Nakamura
Inflection Point
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Japan Flows - What's Going on Over There?
Ueda: The reason the duration anchor is because of that very fact that Japan, corporate households, you know, insurance companies, banks, whoever. If they've then made that a policy rate via yield curve control saying we are explicitly going to pin down the 10 year yield, the JGB yield at around zero with certain like band limitations. You have a pancake flat yield curve, you have a negative yield on the front end of the policy rate and you have a 10 year JGB that can kind of fluctuate between 2550 basis was whatever it is. Ueda: There are trillions in cash from Japanese investors from the US households, all that, that are indeed a field,
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