(to drive rates higher). following the implementation of yield curve control, the japanese yen has been exceptionally sensitive to interest rates differentials. in particular, the yen tends to weaken when foreign 10-year government bond yields rise. when foreign yields fall, the yen tends to stre...
During 2015 and 2018, there were also periods of volatility in high yield bonds that led to a surge in bond ETF flows. More recently, however, there has been record demand. Investors turned to ETFs particularly in the first half of 2020 amid the emergence of COVID-19 and throughout 2022...