Those attempting the widowmaker trade - shorting Japanese Government Bonds - continue to get...

|By:, SA News Editor

Those attempting the widowmaker trade - shorting Japanese Government Bonds - continue to get carried out, the 10-year JGB yield touching a multi-year low of 0.72% overnight. Bond yields in Japan have looked ridiculous for years, but with so little negative carry now, it's hard to come up with a reason not to bet against them. Yes, there are ETPs for that: JGBD, JGBL, JGBS, JGBT. (see also)