Showing posts with label JGB. Show all posts
Showing posts with label JGB. Show all posts

Wednesday, July 25, 2012

Kyle Bass Vindication Imminent? Largest Japanese Pension Fund Begins To Sell JGBs

The "short Japanese government bonds" trade has been dubbed the "widowmaker" because it has been a losing trade for more than 20 years.  Perhaps the shorts were just early.

http://www.zerohedge.com/news/kyle-bass-vindication-imminent-largest-japanese-pension-fund-begins-sell-jgbs

For grins, here's a re-posting of Japan's wtf chart:

http://www.zerohedge.com/news/japans-wtf-chart