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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: UncleBigs who wrote (55734)3/10/2006 2:37:54 PM
From: russwinter  Read Replies (4) of 110194
 
Can't believe Japan wants that weak of a currency at this point. I will be interested in the COT this afternoon? In fact, it appears the BOJ is acting decisively already to drain the system. I could still use some help with the terminology, (JGS, FB, bills, TB, ABS? some seemingly redundant, or double entry) on understanding the BOJ operations,
www3.boj.or.jp
but the subtotal and bank reserves look like this over the last four days:

bank reserves:
3-6: 31.61 trillion yen
3-7: 30.90
3-8 31.78
3-9: 32.09
3-10: 30.77

this should drop 2.5 trillion yen a week, if they go to "required (5 trillion) in a "few months".

operations
3-7: -8.8
3-8 +5.0 bought 5.0 TB/FB??
3-9 +2.1 bought 3.0 JGB
3-10 -6.4
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