The Japanese's Dumping of US Treasuries

The bank at Japan now is having a lot of trouble keeping bond yields on the 10 year JGB below 0.5 and so it gave up and it's now kind of targeting a ban somewhere between 0.5-0.62 so bond yields are rising in Japan we're almost at 1.6 on a 30 year Japanese government bond 1.3 on a 20 year but rates are going to keep moving up in Japan they're going to have to keep printing yen to slow down the rise. That just guarantees an even bigger rise because the more yen they print the more inflation they create  and that also makes a soft landing less likely if we've got higher oil prices. I think