Kuroda Stimulus Flows Globally, May Toughen Task for Fed: Chart

The Bank of Japan’s unprecedented stimulus, which began three years ago this week, has rippled beyond local bond markets, where yields are negative, to sovereign debt worldwide. Treasury yields have tumbled, and Barclays Plc is among those saying that massive central bank easing in Japan and Europe is preventing the Federal Reserve from tightening its own monetary policy.

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