Wednesday, November 5, 2014

Update on JGBs versus USTs

Given the recent selloff in the Yen, I thought now would be a good time to update my favorite chart from Intended or Unintended Consequences.


For a true currency death spiral, rates need to move up rather than down.  It appears we are long way from that.

Long-time readers will know that I have been keenly interested in the Yen for the entire history of this blog

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