#98 A coordinated yen rescue can't fix Japan's real rate problem

Jason Borbora-Sheen unpacks the first coordinated US-Japan currency intervention since 1998 and why a stronger yen won't hold unless Japan's real rates move. He argues the bigger signal is a global rate cycle that may be settling higher than markets expect, and explains how that's shaping a cautious stance in fixed income. Hosted on Acast. See acast.com/privacy for more information.