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From 'Widow-Maker' to market shaker: Why Japan’s bonds are sending shockwaves globally
Japan currently finds itself stuck between a rock and a hard place. On the geopolitical front, Prime Minister Sanae Takaichi’s hawkish stance linking Taiwan’s security to Japan’s own has ruffled ...
Global bond funds have for decades been attracted - and repeatedly burned - by a trade known in Japan as the 'widow-maker.' The idea is simple: borrow and sell Japanese government bonds in expectation ...
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