Widow Maker bets in play as super-long Japanese bonds decline – Bloomberg
For years, bets on Japanese government bonds were known as loss-making transactions. Now there might be a window of opportunity.
Unlike much of the developed world, Japan’s long-term yields are near their 16-month highs after the government massively increased the supply of debt to fund its stimulus spending. Lower demand from major buyers and weaker central bank support could set the stage…