A great asset migration is taking place in Japan. Yet as investors reallocate their overseas capital from bonds to stocks and unwind yen-funded carry trades, they’re also deepening France’s sovereign debt crisis.
Markets Bloomberg Oct 5, 2026
Japan’s Massive Bond Rotation Is France’s Nightmare
A great asset migration is taking place in Japan. Yet as investors reallocate their overseas capital from bonds to stocks and unwind yen-funded carry trades, they’re also deepening France’s sovereign debt crisis.
