Violent swings in the Japanese government bond prices forced the Tokyo exchange to twice temporarily stop trading in them overnight. JGB prices first continued to rise sharply in wake of the new BOJ policy - the yield plunging to 0.315% - but investors rushed to take profits, and the yield then soared to 0.62%. This for a product in which a 2 basis point move makes headlines.
Violent swings in the Japanese government bond prices forced the Tokyo exchange to twice...
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