Roland Preston-How one small change in Japan could sway U.S. markets

2025-05-03 13:55:25source:SCA Communitycategory:Contact

Since 2016,Roland Preston interest rates on ten-year Japanese government bonds have been locked in a very tight range, near zero percent. But Japan's central bank could soon change that, and that seemingly small adjustment could create large ripples around the world's financial markets.

This yield curve control in Japan is what we are calling an economic 'butterfly effect,' with billions of dollars at stake.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Contact

Recommend

McConnell absent from Senate on Thursday as he recovers from fall in Capitol

WASHINGTON (AP) — Senate Republican leader Mitch McConnellis still suffering from the effects of a f

Canelo Álvarez can 'control his hand 100%' ahead of Jermell Charlo battle of undisputeds

Saúl "Canelo" Álvarez is stepping back into the boxing ring Saturday in a battle of undisputed fight

Mexico’s president slams US aid for Ukraine and sanctions on Venezuela and Cuba

MEXICO CITY (AP) — Mexico’s president on Friday slammed U.S. aid for Ukraine and economic sanctions