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The Impact of the Bank of Japan on Volatility
The Bank of Japan has been keeping this lid on its yield and it has an effect on the currency as well. If you see them change the policy, could you see some of these carry trades unwind? And then you have for selling in different pockets of the market where people are having to exitThese trades and by definition then create a spark of volatility to the upside. I don't know if it's going to happen or not, but it's something that we'll be watching and listening for very closely mostly as they meet later this week.