RE:The full story of how the Japanese will intervene is not out yet.
Yes, I want to see implementation dates, bank names, size of losses,
size of captial infusions etc., etc., etc. Much of what I require
for resolution of Japanese banking uncertainty will again be kept behind the scenes. Thus, skepticism. Relative to the selling of US Treas., I would presume the swaps and T-bond futures desks will be very busy tomorrow if true.
BTW, on the next round of intervention, maybe they should also
coordinate with Thailand(-3.3%),So.Korea(-4.3%),and Malaysia(-1.5%)
each down last night.<small g>
Good trading all. |
