What do you want to say about this market reaction that we're seeing? Well Maria, I think it's very difficult to, to disaggregate the market reaction from what's going on endogenously in Japan. So Japan over the past two days has had a six standard deviation move in their bond market. That would be what has happened in the Japanese JGB 10 year would be the equivalent of a 50 basis point move in US 10. (05:21–05:29)
CLAIM
Asserts that Japan experienced a significant six standard deviation move in its bond market recently.
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