We're seeing continued interest from Japanese investors to sell the yen and go for yield. And the market has already jumped on the BOJ issue so by the time the fact comes out it could be a non-event.
More Quotes from Noriyuki Kato:
It's paradoxical. The strengthening of Japan has given Japanese retail money more appetite for risk, and that means overseas bonds.Noriyuki Kato
It seems like dollaryen has at least found a temporary bottom. And with the euro we've tried the lows and the highs and now the market is going into a bit of a comfort zone.
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When a man comes to me and tries to convince me that he is not a thief, then I take care of my coppers.
Ernestine L. Rose
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Ambrose Bierce
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