Odds Bank of Japan raises rates hits 80% with Bitcoin on the sideline – one hidden signal decides everything
Bank of America Securities expects the Bank of Japan (BoJ) to boost its coverage fee from 0.75% to 1.0% at its April 27-28 assembly. Markets already value roughly 80% odds of that consequence, based on swap information cited in current BoJ assembly minutes. The 25-basis-point transfer itself sounds modest, however the debate it has sparked…
