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