Quote from Billy Thunder:
Yen has strengthened and JGB's yields have contracted. Demand for their debt has increased since the earthquake.
Quote from TGregg:
After a couple days? In this era of governmental intervention? Plus yields haven't contracted much - although the charts do look pretty "toppy".
Still, we're talkin' serious wealth destruction over an aging population with obnoxiously heavy internalized national debt. Further, this aging population bubble has reduced pop behind it.
They were already screwed and this is the nuclear bomb that breaks the camel's back.
You're funny.