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Can Japan’s zombie bond market be brought back to life?

Visitors to Tokyo in the 1990s arrived in a city that looked like the future. A megalopolis of high-rise buildings, neon lights and new technology left a mark on those who witnessed it. But the city has not changed all that much since. Today some travellers joke that Tokyo still looks like a vision of the future—just one planned in 1990.

Source: Finance - economist.com

The plasma trade is becoming ever-more hypocritical

A self-congratulatory inflation narrative at Jackson Hole