, inefficient operations, and worker strikes. we have governor haruhiko kuroda speech this afternoon. officials commenting later this week. let's discuss that. great to have you. we're talking about a dozen fed speakers this week. the floodgates are open. are we expecting confusion or clarity? >> i hope clarity is the overriding case from what we have seen. there has been so much confusion over central-bank policy over the last nine months. towards thet points fed lining up the market for a rate hike later in the year would be welcome. we have seen september pass without too much market turbulence. towards that goes indicating they are on pace for a rate hike in december in our view would be very much welcome in terms of adding to that stability and helping markets adjust. another very gradual rate hike from the fed. yvonne: we saw that last week. chart i willt a show to our viewers, we have seen stocks and bonds rally together. that unusual correlation is at a record high now. it seems to me we are in the risks out there, showing the love investors have four cheap money. how do we b
haruhiko kuroda and his deputy highlighted the cost and benefits of boj policy. they used similar language. they talked about the negative warningl as well as about excessive low yields on long-term maturity bonds. we are seeing them to be more open with the markets, not surprising given that we saw these there he volatile moves that were not intended by the boj. december, equities tumbling, yen soaring after they tweet their policy. it was perceived as more easing, then it turned out it wasn't. the same thing with negative rates in january. analysts thought they were running out of options. they are trying to be more open. take a look at this chart here . we are seeing a steeper yield curve today than a month ago. the line in white, the 20 year , sort of above 0.4% reacting to caution from the central bank that it may not be too happy to see the excessively low yields and they may prefer to see significantly positive rates in the long maturity bonds in that part of the yield curve, so many people expecting the central bank to be more open and have more of a dialogue with markets.
Fetching more results