Tuesday, December 8, 2009

The Debts of the Lenders: Japan's Actions Do Not Match Words On Latest Stimulus Plans

Japan recently unveiled its 4th stimulus plan since 2008 thus placing it in the dubious ranks of the world's most indebted nation. Japanese politicians have publicly fretted about the need to reign in spending and reduce the amount of bond issuance in 2010. However, bond traders are unconvinced and have pushed up short interest in JGB's (Japanese government bonds) up to their highest levels ever.

Watch this video:

http://www.youtube.com/watch?v=nf0uBXXQubM
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