Its deja vu all over again from a week ago... stocks (up) and bonds (yields down) and USDJPY (lower) have drastically diverged this morning (just as they did last Friday over the weekend into Monday)... will it be different this time? Today... A week ago.. For some context, Trannies are up over 4.4% from Thursday's lows... as divergence grows off the lows... Charts: Bloomberg