Convenience is a main reason campaign chairmen and political parties will want to use the network. |
In Japan, the Bank of Japan is telling markets absolutely everything, leading short-term bond yields to rise to a level that threatens prospects for an accelerated end to deflation. |
The practice of central bankers wearing their hearts on their sleeves is disingenuous or damaging to economic prospects. |
The problem with rising short-term bond yields is that they boost the cost of acquiring and servicing credit, and thus they stifle domestic demand. |