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MaryJo Kringas's avatar

I think you are right that the yields will be going much higher. Although the rate on the 30 yr bond is up 67% this past year, the value of the yen is down 1% over the same period. It’s not supposed to work this way. Normally, yields go up and the currency strengthens. Not so for Japan these days.

Michael J. Kramer's avatar

You are right, which demonstrates how worried the market is over the fiscal mess they have created.