S&P downgrades Japan to AA-: "Yen madness on Thursday — following Standard & Poors’ downgrading of Japan’s credit rating to AA- from AA.
Just some hours ago we were discussing with a HF manager what would happen if the JGBs crash. While this is unlikely to be the start of it, the outlook is anything but rosy.
A collection of information and opinions on the economy, alernative investments and investment banking as seen by a long-time foreign resident in Tokyo
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