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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (27821)3/4/2005 3:40:53 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
jim, the Japanese govt is actively encouraging hedge funds to invest in the carry trade of short 3-month/long 10-yr JGB. the spread is nearly as good as the US spread. BOJ even had a road show in NYC.



To: Jim Willie CB who wrote (27821)3/4/2005 6:02:37 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
I stand corrected.
I thought (without looking at a chart) given the US$ index that the YEN had rallied more than it did.

Mish