YEN – GLOBAL MACRO INSIGHTS

Japan May Be About to Bring Its Money Home

For decades, Japan has quietly financed a significant portion of the global financial system. Its pension funds, insurers and institutional investors have channelled trillions of...

Japan Joins the Global Tightening Club

For nearly three decades, Japan occupied a unique place in global finance. While the rest of the world worried about inflation, Japan worried about deflation....

When Japan Stops Financing America

For years, global investors repeated the same mantra almost mechanically: whenever uncertainty rises, buy dollars. Wars, crises, recessions, banking stress, geopolitical fragmentation, everything ultimately reinforced...

The Dollar’s Silent Fracture

For years, the world believed the dollar system was unbreakable. Every crisis ultimately reinforced American financial dominance. Capital fled towards US Treasuries. The dollar strengthened....

Japan’s Bond Market Starts Cracking and the Dollar System May Be Next

For years, global finance functioned around a dangerous but convenient illusion: Japan would finance everybody forever. The country remained the ultimate source of global liquidity....

Japan’s Costly Battle Against the Yen’s Gravity

Japan has intervened. The yen has jumped. And the market is already asking the only question that matters: how long will it last? After months...

When Safe Havens Sink

For decades, financial orthodoxy has rested on a comforting assumption: when panic strikes, investors flee to the usual shelters — US Treasuries, gold, the yen,...