Fed Funds minus BOJ Policy Spread

Difference between the effective Fed Funds rate and the BOJ short-term policy rate. The widest leg of the global carry trade.

Category: calculated. Derived metrics combine multiple data sources into single indicators. These are computed server-side so you get the interpreted signal without building the calculation yourself.

API: GET /api/metrics/fed-boj-spread

Used in briefings: Cross-Asset Full Picture, Regime Check

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