Kuroda_USDJPY_2302

Haruhiko Kuroda, Governor of the Bank of Japan. Image via World Economic Forum Japanese investors have long been supporters of the European Economic and Monetary Union (EMU) deflation trade and by all accounts are now holding excessive positions in the EMU’s semi-core bond markets. For example, Japan now holds 12% of all French sovereign bond...

2017-02-23 James Harte Read more