read that webservation is and it isressive boj reactive.e the liquidity and it is widening and people do not want to emphasize this when it the market and you come profilef grade the risk . when it comes to the japanese yen, it is all about a relative shift with the yield curves and you make the long-term commitment and it means that it will flatten. if you look at the current development, you look at how deeper you can go and you think about the negative and theyights -- rates say that, what you are doing, you do not want to go that route and i think what they are doing and what to persuade we have to live with is a strong and not weaker yen. and we at the start thought it would strengthen and everything else would go the other way and the structural outlook is actually supported and has a lot to do with efforts and you think about the pension funds with a negative net cash flow and monetization of foreign holdings. how will this impact the global liquidity? opposite and you have the global liquidity with the following commodity prices mak