Japan's political scene has been shaken by a sudden earthquake, with the ruling Liberal Democratic Party (LDP) losing its governing position for the first time since 2009, and Shigeru Ishiba's dream of becoming prime minister being snuffed out just a month ago.Although he has not been in power for a long time, Prime Minister Ishiba Shigeru's "black money" scandal is now in full swing, and the news about the irregular use of the LDP's political funds has greatly reduced the LDP government's support in the polls.Last weekend, the 50th House of Representatives election, in the 465 seats, the Liberal Democratic Party 191 seats, the Komeito party 24 seats (the two parties formed a ruling coalition of 215 seats, not reached a majority of 233 seats); the Constitutional Democratic Party 148 seats,
Treasury Yields Surging: Good Time to Bottom TLT?
On Wednesday, the U.S. Treasury yield curve exceeded 4% and continued the sell-off. Some investors believe that both the U.S. dollar and U.S. Treasury bonds will decline regardless of who is elected, as the current low oil prices suggest a low likelihood of reflation. ----------------- Do you agree with this? Is it a good time to buy the dip in U.S. Treasuries?
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