Lates News

J.P. Morgan Chase indicated that with the focus shifting to longer-dated bonds in developed markets, the two-way risks of the Japanese yen are increasing. "We are choosing to close out short positions in the Swiss franc/yen as changes in Japanese government bonds could be seen as exacerbating domestic currency and fiscal risks of the yen, while Switzerland is relatively stable in this regard," said strategists James Nelligan in their report.