w level going into the Sep BO) MEO ‘ : [email protected] Post the Jul-16 Bo) and the announcement of a ¥28.1tn fiscal stimulus package, NKY and Senianin Bowler USDJPY 1M vols have dropped to near YTD low levels, both USDJPY and NKY 2M-1M Equity Linked Analys MLPF&S term structures are historically steep, p