This might sound a bit weird but 🇯🇵🤡Ishiba’s relentless refusal to step down as PM via his almost heroic level of dedication to very openly not giving A FUCK what 🇯🇵 wants / elects / demands etc - this sheer resolve is also helping prevent long-dated JGBs from cratering (though completely unintentional of course) Personal view: 🇯🇵🤡PM Ishiba ain’t going nowhere anytime soon immediate ~ near term & maybe longer That said - just be ready if he suddenly does find a sliver of shame, honor, legacy etc within - as it would trigger a violent repricing of JGB/global yields