Could Japan’s bond bubble burst in 2020?

For around 20 years now, shorting Japanese government bonds has been the ultimate “widowmaker” trade. Year after year, punters reckoned it was time Tokyo’s unsustainable debt load, dismal demographics and negligible growth would collide to panic markets, send yields soaring and stampede invstors. And year after year, naysayers came up short, profit-wise. Might 2020 be […]