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JPY: Rebalancing needs after selloff – BNY

Summary by FXStreet
The report from BNY outlines the rebalancing needs for the Japanese Yen (JPY) following a significant selloff in Japanese government bonds (JGBs). It indicates that while there is a strong need for JPY purchases, market sentiment may remain cautious until after the upcoming election.
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FXStreet broke the news in on Wednesday, January 28, 2026.
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