The “beginning of the end” for Japanese bonds

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By Leith van Onselen

Please find above a detailed video interview on Bloomberg with Kyle Bass, head of Dallas-based hedge fund Hayman Advisors LP, talking about the outlook for Japanese government bonds, gold, the US housing market, global interest rates, and a range of other macroeconomic issues. It’s an interesting interview that provides a unique perspective of the inner workings of a hedge fund and the concept of “assymetric risk” – small bets with potentially massive upside.

For those of you particularly interested in the situation unfolding in Japan, check out Bass’ video interview on CNBC last week, which provides more detail on the stiff headwinds facing the Japanese economy:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.