Don't Short the Bond Rout, Expert Sees a Better Trade
Global bond yields surge as U.S., U.K., and Japan reach multi-year highs. Robin Brooks breaks down the structural sell-off.
Economy · News reference
The Japanese yen slid to 162.77 per dollar, its weakest level since late 1986, as the wide Fed-BoJ interest rate gap keeps fueling the carry trade.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Global bond yields surge as U.S., U.K., and Japan reach multi-year highs. Robin Brooks breaks down the structural sell-off.
Peter Schiff warns Japan's debt crisis could trigger the next global meltdown as the "pin that pricks our bubble."