As The Japanese Government Pension Fund Announces Commencement Of Asset Liquidations, Will The Japanese Bond Market Finally Crack?

``As Japan's retirees age and run down their wealth, Japan's policymakers will be forced to sell assets, including US Treasuries currently worth $750bn, or Y70 trillion "eight months" worth of domestic financing... The GPIF has asked trust banks and others for advice about how to lessen the market impact of its asset sales, including the possibility that the fund might secure 2 trillion yen by bank lending to finance part of the payout shortfall, the Nikkei said.''