Bloomberg – This may be the election that Japan bears such as J. Kyle Bass have been waiting for.
Hedge-fund managers betting against Japan in recent years, including Bass of Hayman Capital Management LP, are counting on a doomsday scenario: a widening trade deficit, a plunge in the yen and a devastating surge in yields in Japan’s $12 trillion bond market. Bass made $500 million from the U.S. housing market meltdown. Will his team be right about Japan?
