9/
Good luck in the markets.
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RobinReach
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GDP warrants no longer exist.
After restructuring, they were canceled.
The real question now:
What is the replacement security worth?
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🏦 Amundi — Europe's largest asset manager — just went OVERWEIGHT on Japanese government bonds for the first time in 30 YEARS.
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JGB yields pressured by two forces:
External: US tariff uncertainty.
Domestic: Optimism over expansionary fiscal policy under PM Takaichi.
Markets weighing risk against growth expectations.
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Dispersion metrics show that this remains largely an equity story for now and not nearly as much of a credit spread driver!
My view: buy the (little) dip, clip the coupon.
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The invisible billionaires of finance aren't in tech or crypto.
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