Plaza Accord 2.0? There were some meetings recently with Asian finance ministers in DC and the rumor is they are discussing a potential new Plaza Accord.  As much as I would hate that kind of theft from the purchasing power of middle and lower class Americans to boost fat cat American companies and Asian countries, I figured nothing would come of it until probably December.  Looking at the dollar today relative to the 10 year yield, I'm wondering if maybe they decided to act sooner rather than later? But Yen still weak...hard to say. 

This pic briefly describes the conditions that lead to the 1st Plaza Accord. Look familiar?