SHORTING JGBS

Why the 'tourist is short JGBs and looking to add

I’ve written about this next trade a bit, but lately it’s getting a lot more attention, and it’s also become my single largest position, so I figure it was due for its own post.

Now, it’s a bond trade, so I can already picture the equity folk reaching for the delete button - but wait! Even if you have no interest in trading it, what’s happening in the Ja…