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The Rule That Drove the Japanese Yen for Decades Just Broke, Apollo Says
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FOMOGRAM Editorial Desk
Aug 6, 2026
EXECUTIVE SUMMARY
Apollo says the Japanese yen now trades on Japan's debt bill, not the US-Japan rate gap that guided it for decades.
Apollo says the Japanese yen now trades on Japan's debt bill, not the US-Japan rate gap that guided it for decades.
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