Decode Lab
An archive for explorers, chronicling the discoveries and insights from our ongoing journey.
September 19, 2026
Do Higher Japanese Bond Yields Strengthen the Yen? Testing Japan’s 10-Year Yield and USD/JPY
Higher Japanese yields are often cited as a reason for yen strength. But when Japan’s 10-year government bond yield rises, does USD/JPY actually tend to fall afterward? We compare 5-day changes in Ja…
