Wednesday, January 12, 2011

Japanese 'funds' are throwing money at risk again '

Terrible investors. Still they chase risk and yield with an obsessed love affair with the AUD.

Someone should tell them that the devastating Queensland/Australian floods will probably end up being a huge fiscal/economic headache for Australia.

Also that JGB bond yields are rising in tandem with UST's and one day Japan will need to auction a TON of debt to finance their barely functioning economy

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