Japan is struggling to sell its debt.
Its 2 year government bond auction today saw weak demand.
Last week, foreigners dumped short-dated JGBs at a record pace.
This explains why yields hit 31 year highs.
The market is hiking rates for them.$BTR
$ONG
Its 2 year government bond auction today saw weak demand.
Last week, foreigners dumped short-dated JGBs at a record pace.
This explains why yields hit 31 year highs.
The market is hiking rates for them.$BTR
$ONG
