BANK OF JAPAN WILL DUMP FOREIGN BONDS TODAY AT 6:50 PM ET.
LAST TIME, THEY SOLD $177 BILLION, MOSTLY US BONDS.
AFTER THE YEN INTERVENTION, THIS COULD BE $750 BILLION OR MORE.
THIS COULD BE REALLY BAD FOR MARKETS…
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BANK OF JAPAN WILL DUMP FOREIGN BONDS TODAY AT 6:50 PM ET.
LAST TIME, THEY SOLD $177 BILLION, MOSTLY US BONDS.
AFTER THE YEN INTERVENTION, THIS COULD BE $750 BILLION OR MORE.
THIS COULD BE REALLY BAD FOR MARKETS…