The Market in Pictures, January 27

Our team looks at a lot of research throughout each day. A few charts that caught our eye this week, and the way they fit the unfolding puzzle of evidence:   Brad: One of the “junkiest” rallies since the Global Financial Crisis, some of the past ones have...

Central Bank Tightening, International Version

Bank of Japan (BOJ) Finally Flinched   BOJ made a decision to double the trading band of the 10-year Japanese government bond. We believe the move is justified. It may mark the start of a gradual shift away from the strict bond yield controls emblematic of...