Tokyo cannot raise yields without blowing up its budget and cannot hold them down without crushing the yen and investors are piling into the debasement trade
Japan's government says it may "intervene" before the Japanese Yen to US Dollar ratio reaches 160. Over the last 2 months, the Yen has gone from 145 to 157 as a $110B+ stimulus package is coming byu/RobertBartus inEconomyCharts I agree, …