Hedge Fund News From HedgeCo.Net


Cost of protecting Japan govt debt hits record high

Forbes – The cost of protecting Japanese government debt against default has risen sharply as political uncertainty and worries about the nation’s fiscal position grew after data this week highlighted the depth of recession in the world’s second-biggest economy.

But traders say the market is quite illiquid and dominated by foreign investors such as hedge funds.

Japanese players do not believe the government would default on its debt and seldom buy protection for their holdings of Japanese sovereign bonds.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated and tagged , , , , , , , , , , . Bookmark the permalink.

Comments are closed.