Institutional Economics

Institutional Economics

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Institutional Economics
Institutional Economics
The BlueBay JGB short: Why the BoJ is not like the RBA

The BlueBay JGB short: Why the BoJ is not like the RBA

Plus, Fed and RBA media signalling

Stephen Kirchner
Jun 16, 2022
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Institutional Economics
Institutional Economics
The BlueBay JGB short: Why the BoJ is not like the RBA
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I think I first heard about a macro-inspired, short JGB trade in 1996 and it has been one of the great widowmakers of global markets ever since. In the context of the global secular trend to lower yi…

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