Japan – It’s Finally Happening | Zero Hedge

“I still shake my head at the stupidity. One of the most overindebted countries in the history of modern finance trading with a 0% thirty year bond… But this week the market decided to test the BoJ’s resolve… The market is finally saying the demand for credit is enough to force the Bank of Japan to buy bonds to keep rates down. And that was the signal I was waiting for. I am shorting JGBs with both fists.”

Source: Japan – It’s Finally Happening | Zero Hedge

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