USD/JPY popping higher. The Bank of Japan will conduct an unscheduled bond operation
- offering to buy 3 trillion yen of bonds (JGBs) in an agreement starting on Tuesday and ending on Thursday
Earlier today we had data from Japan that is not suggestive of a central bank policy tightening:
And yet, media reports continue to pile in, this from the weekend:
Is this guy going to pull the rug again?