Ministry of Finance official out on the wires 27 July 2016

  • issuing 50 year bond would destroy 40 year bond market

The headline on Bloomberg further to earlier comment on Reuters from someone who asked not to be named due to ministry policy.

"We just went to the Minister's office and told them that there was no truth to the story"

Surely he would already know that? lol. Totally bonkers.

Nothing from Abe yet but USDJPY tumbling again down to 105.47

Nikkei down to 16711.26 after 16821.43 highs. Still up +2.01%