The Bank of Japan, in an unforeseen move, is signaling changes that could allow the 10-year yields to breach the 1% mark, according to Nikkei. This decision not only challenges previous norms but could have far-reaching impacts on the global bond market, particularly in the Eurozone. Chrissie will have to defend multiple yield spreads (and the Euro which is impossible).

With capital possibly diverting to Japan, the Eurozone could face intensified financial strains. It's hard not to feel veery sorry for the Eurozone commies at this point...