FOREX becoming new playground for bond traders
“Investors now face not only the prospect of near-zero or negative returns from the safest debt, but also a collapse in volatility that has frustrated short-term bets.”
USAGOLD note: One investment strategist quoted in this interesting article said his firm was placing bets on a higher Japanese yen and Swiss franc as an alternative to trading the bond market. Along with gold, those two currencies are generally considered safe-haven plays and for good reasons. This might not be the kind of attention they wish to attract.
Repost from 9-14-2020