JGB Yields
Macro
Markets
Japan’s Treasury Exodus Begins as JGB Yields Hit Multi-Decade Highs
The world's largest foreign holder of US debt is repatriating capital at the worst possible moment for Washington's deficit financing.
Knowledge Base
Markets
What Is the Yen Carry Trade and Why Does It Drive Global Market Volatility?
How borrowing in Japanese yen to chase higher yields elsewhere creates leverage that unwinds violently when rate differentials narrow or risk premiums spike.