Content
@
0 reply
0 recast
0 reaction
Giuliano Giacaglia
@giu
The Japanese yen has hit its lowest level since 1986, despite the central bank intervening and injecting around $60 billion into the market by selling US treasuries. This is troubling given the Japanese carry trade. Meanwhile, the US is trying to sell more treasuries amid declining liquidity. The charts show worsening liquidity daily—something's got to give soon.
1 reply
2 recasts
25 reactions
azimandias
@azimandias
What would that look like? A spike in yields?
0 reply
0 recast
0 reaction
