Reply To: Bond Traders Weekly Outlook: The Wild Ride of 2023 Moves Onto 2024



November Housing Starts -8.5% yr/yr (expected -4.3%; last -6.3%)
Construction Orders 33.6% yr/yr (last 4.2%)

The Bank of Japan’s December Summary of Opinions again pushed back against speculation about an imminent exit from negative interest rate policy.
Japan’s Prime Minister Kishida said that he will push hard for higher yr/yr pay rises in 2024.
Japanese regulators are expected to take aim at app store monopolies held by Alphabet and Apple.