Current:Home > BackHow one small change in Japan could sway U.S. markets-LoTradeCoin
How one small change in Japan could sway U.S. markets
View Date:2024-12-23 17:10:37
Since 2016, 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.
veryGood! (13274)
Related
- Kentucky officer reprimanded for firing non-lethal rounds in 2020 protests under investigation again
- Kim Kardashian Admits She Cries Herself to Sleep Amid Challenging Parenting Journey
- 25 Fossil Fuel Producers Responsible for Half Global Emissions in Past 3 Decades
- Big Pokey, pioneering Houston rapper, dies at 48
- Tennessee fugitive accused of killing a man and lying about a bear chase is caught in South Carolina
- When homelessness and mental illness overlap, is forced treatment compassionate?
- To Mask or Not? The Weighty Symbolism Behind a Simple Choice
- Teens, trust and the ethics of ChatGPT: A bold wish list for WHO as it turns 75
- 2 striking teacher unions in Massachusetts face growing fines for refusing to return to classroom
- 4 tips for saying goodbye to someone you love
Ranking
- The Bachelorette's Desiree Hartsock Gives Birth, Welcomes Baby No. 3 With Chris Siegfried
- Q&A: Black scientist Antentor Hinton Jr. talks role of Juneteenth in STEM, need for diversity in field
- Alaska’s Hottest Month on Record: Melting Sea Ice, Wildfires and Unexpected Die-Offs
- U.S. appeals court preserves partial access to abortion pill, but with tighter rules
- Why California takes weeks to count votes, while states like Florida are faster
- Duracell With a Twist: Researchers Find Fix for Grid-Scale Battery Storage
- Strep is bad right now — and an antibiotic shortage is making it worse
- U.S. Soldiers Falling Ill, Dying in the Heat as Climate Warms
Recommendation
-
Don't Miss This Sweet Moment Between Taylor Swift and Travis Kelce's Dads at the Kansas City Chiefs Game
-
Some Young Republicans Embrace a Slower, Gentler Brand of Climate Activism
-
How an abortion pill ruling could threaten the FDA's regulatory authority
-
Global Warming Is Pushing Pacific Salmon to the Brink, Federal Scientists Warn
-
Larry Hobbs, who guided AP’s coverage of Florida news for decades, has died at 83
-
Siberian Wildfires Prompt Russia to Declare a State of Emergency
-
Blinken says military communication with China still a work in progress after Xi meeting
-
Claire Holt Reveals Pregnancy With Baby No. 3 on Cannes Red Carpet