Thank you for the comment. It may not only be Japan! I mentioned them only because they hold most US Treasuries - but if we think of this threat in terms of an old-fashioned run on a bank - that trickle turns into a stream then something far, far worse. I'm watching cable as well. That'll be another indicator. Mid rate 1.35 now. I have 1.50 as a 'target' later this year.
I really enjoyed this post. It’s great to hear views on what could play out. Interesting but terrifying times!
Thank you for the comment. It may not only be Japan! I mentioned them only because they hold most US Treasuries - but if we think of this threat in terms of an old-fashioned run on a bank - that trickle turns into a stream then something far, far worse. I'm watching cable as well. That'll be another indicator. Mid rate 1.35 now. I have 1.50 as a 'target' later this year.