Japan is following the lead of its Big Brother, the U.S. They forgot that we have the reserve currency. They don't. This house of fiat cards is looking shakier everyday. Europe is next to go, then it will be our turn. Japan also needs a PPT! Thanks for posting this story.
Is It Beginning? Biggest JGB Price Collapse In Over 10 Years Triggers TSE Circuit Breakers
The move from 32bps to 65bps triggered circuit breakers on the Tokyo Stock Exchange in JGB Futures trading as JGB prices plunged by their largest amount since September 2002.