Next Year's Wild Card: The Yen Carry Trade
Most countries’ sovereign bond markets have been pretty tame lately. Here, for instance, is the yield on US Treasury notes:
But it’s different in Japan, where money is getting dramatically tighter:
Most countries’ sovereign bond markets have been pretty tame lately. Here, for instance, is the yield on US Treasury notes:
But it’s different in Japan, where money is getting dramatically tighter: