on theith the latest governor there, graham wheeler. they call it the widow maker trade.tictions collapse, japanese bonds have gone the other way. what is happening here? let's find out. here is thei have yield curve, the sovereign yield curve come in japan. this yellow line is the yield will get before they entered his rate policy. the green one is where we are at the moment. essentially, everything is below .4%. it is very hard to get over something like this. in other words, you leave your come -- money with the japanese yournment for 40 years -- would have to roll it over for 1000 years to make 10%. all this quantitative easing and bond buying programs, that is another debate altogether. the next one that could actually fall below zero is the 15-year yield, which at the moment is just about three basis points above that. there we go. .035 percent, that is your yield, and don't be surprised if at some point we do fall below zero. two reasons are being talked about at the moment. one, nothing groundbreaking, the blg may need to act, which has been reinforced by the boj