Most Likely the Bank of Japan Does Nothing, Says Thiel
Bond and currency traders looking for liquidity this week face three major obstacles: the Bank of Japan, the Federal Reserve and Japan’s holiday calendar. Investors have been holding off from making large wagers before Wednesday’s policy decisions by the Bank of Japan and Federal Reserve. Worsening liquidity means any transaction -- no matter how small -- can hit markets disproportionately hard. BlackRock Deputy Fixed Income CIO Scott Thiel discusses with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.