The deflationary vortex is real. Japanese sovereigns, up to 15 yr durations, are negative–providing an anchor for rates worldwide. As long as Japanese rates continue to dive deeper into the crevasse of negative rates, the more support there will be for treasuries and ETFs like TLT.
The yen is climbing again. Each uptick in the yen is like a karate chop to the head for Japanese exporters.
The NIKKEI is down 1.25%
If you enjoy the content at iBankCoin, please follow us on Twitter
Japanese fiscal policy looks like a spilled bucket of fuck. I don’t even know what that means, but it’s the only thing I can think of that accurately describes what the fuck is happening in Japan.
future Japan bond-induced Financial meltdown :: US Housing Collapse
Hirosihma :: Fukushima