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18.11.25 - 23:57
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Japan Bond Yields Soar To Record, Slamming Door On Stimulus Just As Economy Implodes Amid Escalating China Clash (ZeroHedge)
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Japan Bond Yields Soar To Record, Slamming Door On Stimulus Just As Economy Implodes Amid Escalating China Clash
Back in 2024, it was the story of the summer, but now with a relentless waterfall of news stressing traders - and that excludes the hourly blasts from Trump's truth social account - it has become impossible to filter the firehose of newsflow, let alone trade it.
Which is why some may have missed the big store of the night which is that Japanese yields are once again breaking out in the back of the curve, with new cycle highs in the 20yr and 40yr weighing on sentiment and risk, and sending the Nikkei not only back below 50K, but below 49K, down 7% from the local record high hit on Halloween.
And with the recent surge in yields, driven by new PM Takaichi's plans for a fresh stimulus boost (see "Japan ruling-party panel proposes $161 billion extra budget to fund stimulus"), now that the country is basically back in recession after the catastrophic Q3 GDP print which tied ...
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05.11.25 - 19:30
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Blackstone, Nissay AM Talk on Japan Private Credit, Junk Bonds (Bloomberg)
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Nissay Asset Management CIO Daisuke Fukayama and Mark Glengarry, Senior Managing Director and Head of Asia-Pacific for Private Credit Strategies at Blackstone, talk about how to navigate a volatile investment landscape at the Bloomberg Global Credit Forum Tokyo. (Source: Bloomberg)...
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