Watch Japanese Bonds for the Next $50 move
Housekeeping: Good Morning.
The reset is a process, not an event
Topics:
* Watch Japanese Bonds for the Next $50 move
* Bond Vigilantes are Gold Bugs Now
Market Analysis:
Bond vigilantes have returned, with gold once again tied to global debt markets after years of disconnection. Liquidity stress, falling reverse repo balances, and Japan’s fragile, government-controlled bond market are central drivers. The increasing correlation between Japanese bonds and gold serves as proof of their re-emergence.
BUT- Investors should watch for heavy-handed Japanese intervention or Fed easing: both could…
The skinny
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