One word – seppuku
Not laughing now eh, QE-boy?
Here’s one problem:
- *GPIF PANEL MEMBER SAYS GOVERNANCE LAW REFORM MAY TAKE A YEAR
We’re gonna need a biggerer QQE!
- *JAPAN’S 20-YEAR YIELD DROPS TO 1.21%, LOWEST SINCE APRIL 2013
Everyone is greatly rotating into JGBs! 20Y yield collapses 8bps!
back to crazy chaos levels from last year
And Japanese stocks plunge the most intraday in 10 days
Charts: Bloomberg