Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
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This chart shared by Financial Times show that the volume at the Japenese government bond (JGB) market dropped to a record low. After initial pickup in volume, when the Bank of Japan (BoJ) monetary policy in 2012, the volumes have declined steadily.
It is yet another evidence that shows the bond purchases by central banks have distorted the normal activities in the market.
