Look like they are on the verge of something big (not in a good way).

Commodities priced in yen have absolutely exploded since 2020.  And unlike in the US where some commodity prices were cut in half over the last 3 years (e.g. wheat), prices in Japan didn’t correct to nearly the same extent given that the yen was in literal free fall over that span.  The Japanese people have borne the brunt of the inflation, well beyond other developed countries and it looks like the next shoe is about to drop.

The BoJ has bent the Japanese people over and let the Federal Reserve have their way.  It’s just that simple.