Tom Luongo: Russia's refusal to cut oil production in 2020 'an act of unconventional war' - Bank of Japan shocks global markets with bond yield shift. Qui Bono?
I don’t know enough about geo-politics or finance to even propose an answer, but if Russia’s refusal to cut production at the beginning of Covid, which certainly helped to shock global markets, was an act of unconventional war, then logically the Bank of Japan’s shocking of global markets - might - be an act of unconventional war.
Anyone have any thoughts about who benefited and who got hurt by the Bank of Japan’s bond yield shift?