JAPAN IS PLAYING WITH FIRE. USD/JPY just plunged a full ¥1 in minutes. The move came as Japan's 10-year and 20-year bond yields fell 10 basis points. At the same time, Japan's PPI unexpectedly accelerated to 7.1%, its highest in months, adding even more pressure on the Bank of Japan. Katayama also said Japan wants GPIF and other major domestic funds to move more money back into Japanese assets. If Japan starts pulling capital back home while trying to stabilize the yen, It could unwind one of the world's biggest sources of global liquidity. Japan's bond market is under pressure, PPI is accelerating, yen is near 40-year lows. And the BOJ may be running out of easy options.(Crypto Rover)