The Bank of Japan moved quickly!
✅ The Bank of Japan immediately intervened in the government bond market. When 10-year government bond yields rose above 0.6%, the Bank of Japan immediately carried out a temporary operation to buy 300 billion yen of government bonds. By adhering to the mitigation route, #ドル円 quickly depreciated the yen. It continues to rise even now. Restraint is necessary to protect YCC. But the yen will depreciate. That's it.
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![The Bank of Japan moved quickly!](https://sgsnsimg.moomoo.com/feed_image/182177649/407f4beb451c3d419ded3703287ec354.jpg/bigmoo)
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