# The yen has a yield problem the BOJ can't easily fix

> The yen is at a 34-year low against the dollar and at record lows in real terms, raising Japanese import prices. The BOJ has limited tools to fix the yield gap with US Treasuries.

- Date: 2024-04-25 · published 2024-04-25T12:00:00.000Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/30962-the-yen-has-a-yield-problem-the-boj-can-t-easily-fix
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Higher import costs in Japan and a firm dollar weigh on the affordability of imported feed ingredients, and the yield gap underpins dollar strength.

## Read by commodity

- USDJPY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/yen-has-yield-problem-boj-cant-easily-fix-2024-04-25/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.