Japan Will Be a Late Cyclical Play: Jefferies’s Darby

The video discusses the impact of rising global bond yields on Japan, highlighting the BOJ's yield curve control as a stabilizing factor. It examines inflation pressures and central bank responses, noting the persistence of inflation due to supply chain issues and strong job markets. The video also covers the positive outlook for Japanese equities, driven by increased household spending and a competitive yen. Finally, it addresses China's economic challenges, with slow growth and potential policy responses amid COVID-19 concerns.

What recent changes have occurred in global bond yields and how might they impact Japan?

What factors contributed to Japan's economic resilience during the pandemic?

How has the Bank of Japan's approach to yield curve control influenced market expectations?

Discuss the implications of rising inflation narratives on G10 bond yields.

Analyze the current state of Japanese equities and household spending.

What are the potential risks to China's economic growth and how might they affect Japan?

Evaluate the effectiveness of the current economic policies in Japan compared to previous approaches.