The Bank of Japan, Is It Trying to Do Anything?

The japanese are proving obstinate in ensuring, determined, a determination not to raise intesrates sothe t they are pegging the tener t alevel at a yield level no greater than 25 basis points. For comparison, we're seeing a raly an us Tenyour treasuries, but from around a level of three basis points. Now, this has been a notorious trade for the best three decades. It kind on neglects two things, that the bank of jepan can do anything. I mean, you know, it can just keep, it canjust keep going. And i have some sympathy for what's going on within the er the depths of the