Reported about 1 year ago
The resurgence of hedge funds focusing on Japan's sovereign debt is reshaping Tokyo's exclusive club of government bond traders, known as the 'JGB village'. The increased hiring of traders equipped with knowledge of Japan's bond market has led to a surge in volatility and a higher demand for expertise in navigating the $7.1 trillion government bond market. This group, formerly insular and domestic-focused, is now attracting global investors' attention and experiencing a hiring spree, as the Bank of Japan is expected to raise rates and reduce its bond buying.
Source: YAHOO