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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.
The Bank of Japan moved quickly!
The Bank of Japan moved quickly!
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