“This Is An Extremely Serious Problem” – Dollar Funding Shortage Hits Record In Japan
by Tyler Durden
ZeroHedge.com
03/17/2016
“The jump in basis swaps is an extremely serious problem,” said Hidetoshi Ohashi, the chief credit strategist in Tokyo at Mizuho. “If it continues widening, financial firms will need to reduce their overseas holdings or diversify their investments into other regions.”
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