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APR 05, 2013 - Zero Hedge

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Deutsche Bank On Central Bank Intervention: "We Are Flying Blind"

Ordinarily in the first post we would recap any of the key overnight events, but in this case there was just one event of note ahead of today's non-farm payroll seasonally adjusted "noise": the halting of the Japanese Government Bond complex due to excessive volatility. Now, this is not some zero-liquidity penny stock or an algo fat binary finger: at last check there is one quadrillion yen in Japanese debt, which makes it the second biggest sovereign bond market in the world. Yet one glimpse at what transpired in overnight trading and one can see just why the Japanese regulators decided it ... Read More

Tags: Deutsche Bank On Central Bank Intervention: "We Are Flying Blind",  Japanese Yen Latest News