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Australia’s Second-Largest Pension Makes Big Bet on Yen Strength

Key Points

Australia’s second-largest pension has built its biggest overweight position in the Japanese yen in years, betting that markets are underpricing Bank of Japan interest rate hikes.

Australia’s second-largest pension has built its biggest overweight position in the Japanese yen in years, betting that markets are underpricing Bank of Japan interest rate hikes.
Australia (LOCATION) Second-Largest Pension Makes Big Bet (ORG) Yen Strength Australia’s (ORG) Japanese (ORG) Bank of Japan (ORG)
Originally published by Bloomberg Markets Read original →