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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (2187)6/9/2003 1:16:28 PM
From: Les H  Respond to of 49275
 
Princes of the Yen

business-standard.com

Overnight rates went negative

asia.news.yahoo.com

Le Grande Royale with Cheese

asia.news.yahoo.com



To: Don Green who wrote (2187)6/12/2003 11:00:23 PM
From: Les H  Read Replies (1) | Respond to of 49275
 
Japan king of the deflationary economy

yomiuri.co.jp

Yen-dollar unilateral intervention has reached record levels--since the start of this year, more than two-thirds of Japan's current account surplus has been recycled via Japan's dollar buying to keep the yen from appreciating. De-facto, the yen is now pegged to the dollar.

Welcome to the Bond Bubble American style, courtesy of Japan.