This in the Nikkei this morning
- Fears of an interest rate rise recede
- Market players anticipate monetary easing continuing for some time
- Bids at BOJ auctions have been on an upswing since mid-July
- The BOJ trade had died down until around June
Hmmmm. Ah well, that's what they'll be reading in Tokyo this morning.
-
(ps. The s"BOJ trade" - buying bonds issued by the government to sell to the Bank of Japan)