TOKYO – When the history of Tokyo’s 2022 is written, will hedge-fund manager Mark Dowding be recorded as the George Soros of the Japanese government bond (JGB) market – or its Kyle Bass? Soros, of course, is the billionaire who “broke” the Bank of England in 1992 and made life hell for Malaysian and Hong […]
Tsunami towers over Japan’s bond market
All hedge fund bets against Tokyo’s bonds have failed so far, but the pressures against are now greater than ever