Japanese Bond Crash Sends Shock Waves

Posted by Zero Hedge

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“As we discussed on the show on Saturday, the biggest financial contagion risk is in government bonds, not stocks. The Zero Hedge article below shows exactly how this could, and is happening. Our most recent webinar also addresses how to avoid this risk.” ~ Andrew Ruhland

For a dramatic preview of what will happen in the blink of an eye to all those record low interest rates without the backstop of central banks and ravenous pension fund buying, look no further than what happened in Japan overnight where bond futures suffered the biggest one-day crash since August 2, 2016, sliding as much as 0.97 yen to 154.05, and triggering margin calls for investors after the worst 10-year debt auction in three years… CLICK for complete article