​Futures Soar, Yields And Oil Jump After BOJ Capitulation Nukes Yen, Restarts Carry Trade – Tyler Durden

Futures Soar, Yields And Oil Jump After BOJ Capitulation Nukes Yen, Restarts Carry Trade And just like that, the great carry trade freak out – which started exactly one week ago when the BOJ hiked rates by a huge 0.15% – is over, because as we had expected, the BOJ got cold feet and capitulated on its rate hiking cycle on Wednesday morning when BOJ deputy governor Shinichi Uchida sent dovish U-turn signal in the wake of historic financial market volatility by pledging to refrain from hiking interest rates when the markets are unstable. In kneejerk reaction to his comments…  — Continue at ZeroHedge News : Read More