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DC Plan Sponsors Should Look Further Than Their Own Backyard
AllianceBernstein • Tue, May 21
Japanese Rates Influencing Gold
Chris Ridder • Fri, May 17 • 10 Comments
Big Things Happening In Japan
Calafia Beach Pundit • Tue, May 14 • 4 Comments
Japan's Market Drama Continues To Amaze
Doug Short • Mon, May 13 • 2 Comments
Japan: Inflation, Deflation Or Bond Crash?
Squeeky Wheel • Mon, Apr 29 • 38 Comments
Japan's Excessive Money Printing Self Destructive
Russ Winter • Mon, Apr 8 • 14 Comments
Japan's Post-Bubble Market Rallies And Bond Yields
Doug Short • Fri, Apr 5 • 2 Comments
On The BoJ's Latest Move: Nothing To See Here Folks, Move Right Along
Scott Sumner • Thu, Apr 4 • 5 Comments
26 ETNs May See Premiums And Discounts After Issuance Halted
Tom Lydon • Fri, Mar 15 • 3 Comments
Japan's Economic Woes Are Good For Gold
Alex Canahuate • Wed, Jan 23 • 29 Comments
Japan: More Questions Than Answers
Scott Sumner • Mon, Jan 14 • 2 Comments
Risk Parity - Why Correlations And Classifications Can Be A Huge Stumbling Block
Paul Allen • Tue, Jan 8
Japanese Elections, The Yen, And JGBs
Tres Knippa • Mon, Dec 17, 2012 • 13 Comments
Japanese 10-Year Bond Yields Heading Toward 2% As Yen Slides Further In 2013
Sean Maher • Mon, Dec 3, 2012
Japan's Post-Bubble Market Rallies And Bond Yields
Doug Short • Tue, Oct 30, 2012 • 2 Comments
The Optionality In Shorting The Yen
SL Advisors • Mon, Sep 24, 2012 • 13 Comments
Sovereign Debt Default Risk Plummets
Bespoke Investment Group • Sun, Sep 16, 2012 • 1 Comment
How Long Can Japanese Bond Prices Defy Gravity?
Cullen Roche • Tue, Aug 14, 2012 • 7 Comments
8 Observations About The Yen
Marc Chandler • Fri, Jul 27, 2012 • 5 Comments
What Happens If And When The Interest Rate Rises?
Cullen Roche • Thu, Jul 12, 2012 • 67 Comments

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There are no Focus articles on JGBL.

DC Plan Sponsors Should Look Further Than Their Own Backyard
AllianceBernstein • Tue, May 21
Japanese Rates Influencing Gold
Chris Ridder • Fri, May 17 • 10 Comments
Big Things Happening In Japan
Calafia Beach Pundit • Tue, May 14 • 4 Comments
Japan's Market Drama Continues To Amaze
Doug Short • Mon, May 13 • 2 Comments
Japan: Inflation, Deflation Or Bond Crash?
Squeeky Wheel • Mon, Apr 29 • 38 Comments
Japan's Excessive Money Printing Self Destructive
Russ Winter • Mon, Apr 8 • 14 Comments
Japan's Post-Bubble Market Rallies And Bond Yields
Doug Short • Fri, Apr 5 • 2 Comments
On The BoJ's Latest Move: Nothing To See Here Folks, Move Right Along
Scott Sumner • Thu, Apr 4 • 5 Comments
26 ETNs May See Premiums And Discounts After Issuance Halted
Tom Lydon • Fri, Mar 15 • 3 Comments
Japan's Economic Woes Are Good For Gold
Alex Canahuate • Wed, Jan 23 • 29 Comments
Japan: More Questions Than Answers
Scott Sumner • Mon, Jan 14 • 2 Comments
Risk Parity - Why Correlations And Classifications Can Be A Huge Stumbling Block
Paul Allen • Tue, Jan 8
Japanese Elections, The Yen, And JGBs
Tres Knippa • Mon, Dec 17, 2012 • 13 Comments
Japanese 10-Year Bond Yields Heading Toward 2% As Yen Slides Further In 2013
Sean Maher • Mon, Dec 3, 2012
Japan's Post-Bubble Market Rallies And Bond Yields
Doug Short • Tue, Oct 30, 2012 • 2 Comments
The Optionality In Shorting The Yen
SL Advisors • Mon, Sep 24, 2012 • 13 Comments
Sovereign Debt Default Risk Plummets
Bespoke Investment Group • Sun, Sep 16, 2012 • 1 Comment
How Long Can Japanese Bond Prices Defy Gravity?
Cullen Roche • Tue, Aug 14, 2012 • 7 Comments
8 Observations About The Yen
Marc Chandler • Fri, Jul 27, 2012 • 5 Comments
What Happens If And When The Interest Rate Rises?
Cullen Roche • Thu, Jul 12, 2012 • 67 Comments

There are no Transcripts on JGBL.

There are no News articles on JGBL.

JGBL vs. ETF Alternatives

JGBL Description

The PowerShares DB Japanese Govt Bond Futures Exchange Traded Notes (Symbol: JGBL) (collectively, the "PowerShares DB JGB Futures ETNs," or the "ETNs") are the first exchange-traded products to provide investors with leveraged or unleveraged exposure to the U.S. dollar value of the returns of a Japanese bond futures index.
See more details on sponsor's website

Country: Japan

Key Info

In Your Portfolio: A Guide to International and Emerging Market Government Bond ETFs
Asset Class Performance: Bonds, Countries

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| Earnings
| Dividends
| M&A
| On the move

Tuesday, May 21, 11:38 AM In case anyone was curious, Kyle Bass continues to bet on a full-blown Japanese currency (FXY) and government debt (JGBT, JGBL, JGBS, JGBD) crisis. "This gross vs. net argument is just silly," says Bass alluding to large official and other domestic holdings of JGBs. "If they go to try and sell any of those assets, it will create a panic." Bass commissioned a poll of Japanese investors asking their reaction if the government asked them to buy JGBs amid a crisis: 8% said they would buy, 83% said they would "run, not walk" from the paper. 2 Comments [Global & FX]
Monday, May 20, 9:47 AM UBS' 5 "suspected" asset bubbles: 1) Risk-free rates - specifically Treasurys (TLT), Bunds (BUND, BUNL), JGBs (JGBL, JGBT, JGBD, JGBS) 2) Credit (HYG, JNK) 3) Real estate in Asia (WPS) 4) Certain EM equity markets (EIDO, IDXJ, EPHE, THD, EWW) 5) Australian banks (WBK, NABZY.PK, ANZBY.PK, CMWAY.PK). Comment!
Wednesday, May 15, 7:32 AM The Nikkei (EWJ, DXJ) soared another 2.3% overnight to top 15K for the first time since 2007 as the yen (FXY) slid 0.3% to a new multi-year low of ¥102.65. Leading was Sony (SNE), up 10% following Dan Loeb's push for a breakup. Toyota (TM) paced the exporters with a 3.7% gain. JGBs (JGBL) were calm, the yield on the 10-year flat at 0.86%. 4 Comments [Global & FX, On the Move]
Tuesday, May 14, 1:24 PM Nearly 50% of the world's $19.4T in government bonds trades with a yield below 1%, according to BAML. What amazingly might turn the statistic could be Japanese Government Bonds. JGBs shot up another 11 bps overnight, now yielding about their highest in a year at 0.86%. If Abe-nomics succeeds, the leveraged inverse JGB ETN (JGBD +1.7%) will be a popular spot. Comment!
Friday, May 10, 8:04 AM Japanese government bonds take notice of the crumbling yen, with 10-year JGBs shooting higher by 10 bps overnight to 0.69%. The yield remains ridiculously low, but a 10 point move in such a sleepy instrument bears watching. The 3x inverse JGB futures ETN (JGBD) +1.8% premarket. Other JGB ETNs: JGBL, JGBS, JGBT. Comment! [Global & FX]
Wednesday, April 17, 8:56 AM Following a nearly 3-week period in which DB halted creations for 26 ETNs on which it's the indexer, the bank finally resumed creations on the notes yesterday. The affected notes follow: BDD, BDG, BOM, BOS, BUNL, BUNT, DEFL, DGP, DGZ, DOD, DTO, DZZ, INFL, ITLT, ITLY, JGBD, JGBL, JGBS, JGBT, LBND, OLO, SBND, SZO, UDNT, UUPT, WMW. 1 Comment
Tuesday, April 9, 3:41 PM Bill Gross says he has changed his mind on Treasury bonds maturing in 10-years or less thanks to Japan's epic monetary easing. The premise: yields that look meager to U.S. investors look rich to the Japanese. "They [Treasurys] yield 125 basis points more" than what investors are getting on a 10-year JGB. (Previously: JGB yields plummet) 10 Comments
Monday, April 8, 1:34 AM The Bank of Japan has started its new aggressive asset-buying program, saying it will acquire ¥1T ($10.3B) of Japanese government bonds with maturities of 5-10 years, and ¥200B of bonds with maturities exceeding 10 years. The purchases are part of the BOJ's plan to inject $1.4T into the economy in under two years. The Nikkei is +2.5% and yen is -1% vs the dollar. 2 Comments [Global & FX, On the Move]
Sunday, April 7, 8:31 PM The yen (FXY) tumbles another 1% vs. the dollar as a new report suggests the BOJ plans to move fast and move big with JGB purchases. Buying less than ¥93 moments before the BOJ announced aggressive new easing measures Thursday, the dollar this moment is worth ¥98.51. The Nikkei adds 2.8% in early Tokyo trade, giving it a middling 8.6% gain since Thursday. 16 Comments [Global & FX, On the Move]
Friday, April 5, 7:33 AM Violent swings in the Japanese government bond prices forced the Tokyo exchange to twice temporarily stop trading in them overnight. JGB prices first continued to rise sharply in wake of the new BOJ policy - the yield plunging to 0.315% - but investors rushed to take profits, and the yield then soared to 0.62%. This for a product in which a 2 basis point move makes headlines. 6 Comments [Global & FX]
Thursday, April 4, 11:09 PM Japanese stocks (EWJ) explode higher as the Nikkei (NKY) rises +3.8%, buoyed once again by the BOJ's extraordinary policy announcement. Meanwhile, yields on 10- and 30-year Japanese government bonds plummeted, falling as low as 0.33% and 1.04% respectively. George Soros went on record saying that "what Japan is doing is quite dangerous." 5 Comments [Global & FX, Top Stories]
Thursday, April 4, 1:10 PM The BOJ is buying assets at 75% of the Fed's level in a Japanese economy only one-third the size of the U.S., says Kyle Bass, putting last night's new policy in perspective. Japan is trying to materially devalue its currency (FXY) while holding rates flat. The "economists and central bankers believe they can live in that nirvana," says Bass, but he believes they will lose control. JGBs (JGBT, JGBL, JGBD, JGBS) are in nirvana today, the 10-year off 11 bps to 0.45%. 3 Comments [Global & FX]
Thursday, April 4, 11:03 AM It's a true "regime change" at the BOJ, says Citigroup, commenting on the central bank's new easing measures overnight. Gone is any hint of concern about monetizing government paper, and up next may be additional stimulus in the form of equity purchases and loans to small and medium-sized enterprises. The yen (FXY -3.6%) continues a whopper of a move lower, the dollar now at a session-high ¥96.38. The currency-hedged Japan stock ETF (DXJ) gains 7.5% vs. the unhedged EWJ +3.8%. 4 Comments [Global & FX, On the Move]
Thursday, April 4, 2:07 AM The Nikkei (NKY) surges and the yen (FXY) plummets after the Bank of Japan starts firing the heavy artillery in its battle against deflation. Under new Governor Haruhiko Kuroda, the BOJ is changing its target when setting policy from the overnight call rate to the monetary base, which the bank aims to double within two years by purchasing ¥60-70T of assets a year, including government bonds of all maturities and not just short-term debt. The plan is open-ended and was unanimously approved. The Nikkei is +1.3% after being lower earlier, while the dollar is +1.5% vs the yen. (PR) 14 Comments [Global & FX, Top Stories, On the Move]
Wednesday, April 3, 3:07 AM Haruhiko Kuroda has been chairing his first board meeting as the Governor of the Bank of Japan, with expectations high that the BOJ will push ahead with more powerful easing. However, prior to the two-day meeting, which ends tomorrow, Kuroda was reportedly finding it difficult to build a consensus about how far the bank should go. Kuroda might be able to force through his ideas but he risks dividing the board. Comment! [Global & FX, Top Stories]
Monday, March 25, 10:09 AM As with the U.S., aggressive monetary easing in Japan is not translating into falling government bond prices, especially when the easing is the central bank buying government bonds. The 10-year JGB (JGBL, JGBT) yield falls to 0.55%, the lowest in about a decade even as a new regime has made devaluation of the yen its key economic policy. Top-gaining Japanese ETFs last week: DFJ +4.3%, JSC +4.2%, SCJ +3.4%, FJP +3.2%. 1 Comment [Global & FX]

JGBL PowerShares DB Japanese Government Bond Futures ETN

JGBL

PowerShares DB Japanese Government Bond Futures ETN