Japanese Bond Yields Surge - What It Means For Markets?

Transcript

For 30 years, betting against Japanese bonds was a career destroying trade. Tokyo piled up debt at 260% of GDP, kept rates at zero, and lent trillions to the rest of the world. Yet somehow, they got away with it, leaving doomsayers to go bust, waiting for a crisis that never came. But recently, something changed. Bond yields just hit their highest ... Read More