Ora la domanda è se una Bank of Japan meno prevedibile attirerà abbastanza compratori e venditori da tenere in vita un nuovo mercato, o se chi si copre continuerà a pagare quell'incertezza altrove. #BankOfJapan #RateFutures #TONA

Die Frage ist nun, ob eine weniger berechenbare Bank of Japan genug Käufer und Verkäufer anzieht, um einen neuen Markt am Leben zu halten – oder ob Absicherer diese Unsicherheit weiterhin anderswo bezahlen. #BankOfJapan #Zinsfutures #TONA

The question now is whether a less predictable Bank of Japan attracts enough buyers and sellers to keep a new market alive, or whether hedgers keep paying for that uncertainty elsewhere. #BankOfJapan #RateFutures #TONA

La domanda ora è quale banca centrale si muoverà per prima, e se un range che poggia sulla pazienza di entrambe le parti possa resistere a una sorpresa dall'una o dall'altra. #YenGiapponese #BankOfJapan #DifferenzialiDiTasso

Die Frage ist nun, welche Notenbank sich zuerst bewegt – und ob eine Spanne, die auf Geduld an beiden Enden beruht, einer Überraschung von einer der beiden Seiten standhalten kann. #JapanischerYen #BankOfJapan #Zinsdifferenzen

That leaves the yen dependent on two policy calendars, Tokyo's and Washington's. The question now is which central bank moves first, and whether a range resting on patience at both ends can withstand a surprise from either. #JapaneseYen #BankOfJapan #InterestRateDifferentials

La domanda ora è quale errore la Bank of Japan ritenga più difficile da rimediare. #BankOfJapan #YenGiapponese #InflazioneGiappone

Bleibt die Frage, welchen Fehler die Bank of Japan für schwerer umkehrbar hält. #BankOfJapan #JapanischerYen #InflationJapan

Or they could move too late and let cheap money lock in the inflation Japan once struggled to create. The question now is which mistake the Bank of Japan sees as harder to undo. #BankOfJapan #JapaneseYen #JapanInflation

Die Frage ist nun, ob Tokio den Yen stabilisieren kann, ohne die Kosten der eigenen Schulden zu erhöhen, oder ob am Ende die Märkte dieses Gleichgewicht selbst festlegen. #BankOfJapan #JapanischerYen #PolicyMix

The question now is whether Tokyo can steady the yen without raising the cost of its own debt, or whether markets will end up setting that balance themselves. #BankOfJapan #JapaneseYen #PolicyMix

#ObbligazioniGiapponesi #BankOfJapan #Treasury

#JapanischeAnleihen #BankOfJapan #Treasuries

The question now is whether markets absorb this gradually, as savings drift slowly back home, or whether it arrives in bursts that reset borrowing costs faster than households and governments can adjust. #JapaneseBonds #BankOfJapan #Treasuries

Die Frage ist nun, ob Japans Verbraucher beginnen können, mehr zu zahlen, bevor den Unternehmen der Spielraum ausgeht, die Differenz selbst aufzufangen. #JapanWirtschaft #Preissetzungsmacht #BankOfJapan

The question now is whether Japanese consumers can start paying more before companies run out of room to absorb the difference. #JapanEconomy #PricingPower #BankOfJapan

Ora la domanda è quanto una decisione sui tassi possa basarsi sull'umore delle imprese, e cosa succede se quell'umore cambia dopo che la decisione è stata presa. #Tankan #BankOfJapan #JapanEconomy