市场跑在东京之前:随着GPIF预期与现实相符,日元走软。周五,市场对结构性转变进行了定价。周一是关于认识到,如果这种转变到来,可能需要比最初想象的更长的时间。
Markets Ran Ahead of Tokyo: Yen Weakens as GPIF Expectations Meet Reality.Markets spent Friday pricing in a structural shift. Monday was about recognizing that the shift, if it comes, will probably take much longer than first imagined.