The Nikkei newspaper reports that the TSE will stay open for trading this week despite calls from some firms to close.
The intensifying problems at the cluster of nuclear power station in Japan has traders running headlong from risky positions. Stocks, emerging markets, and carry trades are being liquidated wile high quality fixed income attracts massive flows.
US yields are tumbling on safe-haven flows, down from 7 bp in the two-year maturity, to 14 bp in the 5s, and 13bp in 10s.
