Tuesday's News Links

[Yahoo/Bloomberg] BOJ Yield Pivot Rips Across Global Stocks, Bonds: Markets Wrap

[Yahoo/Bloomberg] Yen Surges as Kuroda’s Yield Cap Shock Sparks Normalization Bets

[Yahoo/Bloomberg] Global Markets Jolted as BOJ Surprises With Yield Policy Tweak

[Yahoo/Bloomberg] Kuroda Shocks by Raising BOJ’s Yield Cap, Sparking Yen Jump

[Yahoo/Bloomberg] Oil Extends Gains as China Reopening Vies With Slowdown Concerns

[Yahoo/Bloomberg] Bitcoin Falls to Lowest This Month With Risk of Further Declines

[Yahoo/Bloomberg] Kuroda Shocker Is Just the Start of BOJ’s Risky Path Toward Exit

[Yahoo/Bloomberg] BOJ Blindsides Traders to Echo Christmas Day Shock of 1989

[Reuters] China races to bolster health system as COVID surge sparks global concern

[Reuters] World Bank cuts China growth outlook on COVID, property woes

[Politico] ‘Lacking Credibility, Lacking Confidence From the People … Is Xi Xinping’s Greatest Vulnerability’

[Reuters] Analysis: Private debt markets face reality check as companies grapple with rising rates, recession

[Bloomberg] US Housing Starts Fall for a Third Month, Building Permits Drop

[WSJ] Bank of Japan Blinked in Standoff With Markets

[WSJ] Russia, China to Hold Joint Naval Drills as Moscow and Belarus Vow to Cement Ties

[FT] Sovereign debt takes a hit after BoJ’s shock policy move

[FT] Silicon Valley start-ups race for debt deals in funding crunch

[FT] Private equity’s debt tower is teetering

[FT] China’s media promise ‘normalcy by spring’ as Covid sweeps country