The BOJ lost control of the long end. What happens next won’t stay in Japan.
Brilliant one Jason.
Thanks Andy, really wanted to dig in to this one
5 years ago, if you told people that one day Japanese yields would spike, they would have called you crazy!
Just shows that when regimes change, they can change FAST
It’s so funny. I remember being long JGBs as everyone was shorting them. Now I’m short them and no one is short them anymore. And it happened lol.
Great post. Very helpful.
Also, I can't resist... Few 😂
Thanks brother! Few? What did I do lol
Brilliant one Jason.
Thanks Andy, really wanted to dig in to this one
5 years ago, if you told people that one day Japanese yields would spike, they would have called you crazy!
Just shows that when regimes change, they can change FAST
It’s so funny. I remember being long JGBs as everyone was shorting them. Now I’m short them and no one is short them anymore. And it happened lol.
Great post. Very helpful.
Also, I can't resist... Few 😂
Thanks brother! Few? What did I do lol