last time, we went below 3trillion bank reserves. shit happened - SVB/silvergate, UK gilt crisis. BOJ intervened in their currency market…
last time, we went below 3trillion bank reserves. shit happened - SVB/silvergate, UK gilt crisis. BOJ intervened in their currency market for the first time in awhile while they continued to push YCC (infinite QE til bond yields repegs at a level that they want)
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