Skip to main content

What a stronger yen could mean for the US stock market

The surge in the yen against the dollar seems to be a logical, but delayed, response to a shrinking gap between US and Japanese government bond yields.  In the wake of big revisions to our forecasts for the 10-year Treasury yield, we have abandoned our call for the Japanese currency to fall further and now think that it will rally some more.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access