The IMF joins the "widowmaker" trade that has seemingly burned every global macro hedge fund at...

|By:, SA News Editor

The IMF joins the "widowmaker" trade that has seemingly burned every global macro hedge fund at least once over the past 15 years, warning of a speedy negative feedback loop for Japan's massive public debt should JGB yields rise from exceptionally low levels (0.98% at last check). There's an ETN for that: JGBS and JGBD - opened on Nov. 11 - allow straight and leveraged bets against JGB prices.