Japan's Asakawa: Recent Yen moves are one-sided
|Japan's Vice Minister of Finance for International Affairs, Masatsugu Asakawa, hitting the wires today talking about recent market movements as they relate to the Yen.
Key highlights:
- Recent Yen surges are 'excessive'; "cannot help" but call the moves one-sided.
- Rising bond yields are the "beginning of a sea change".
- US Economy will likely be robust, and interest rates will rise; important to not forget the impact that will have on other nations.
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