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The search for yield is creating crazy conditions. Meanwhile, pimco is loading up on treasuries. Who is right . Less than half an hour to go. Take it to the bloomberg and show everybody what we think will be happening. The fair value calculation on the wei says we will see a softer touch. The story yesterday was a very strong day for european equities. The dax was up very strongly, the cac up 1. 57, the ftse flat. The pound is front and center in that story. Caroline it certainly is, and i want to check in on how it is doing today. We have had a bit of a rampup as the new premise to recep to come in today. Some sort of political stability coming into the united kingdom, riskon tradeof we saw yesterday slowed into asia, up a tense of 1 . Despite those cautious notes, they dont believe in helicopter money. Overall, it has been a buying of equities in asia, up for a Third Straight day, above levels the eu exited. Meanwhile, yen is gathering steam, a reversal in the yen rallying after the

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