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.

image

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 http://timelyportfolio.blogspot.com/search?q=yen.

Code for this post: https://gist.github.com/timelyportfolio/5665790

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