The much-anticipated Berkshire Hathaway Annual Shareholders Meeting is poised to commence this week in Omaha, attracting a diverse gathering of investors from around the globe. Following the loss of Charlie Munger last year, Warren Buffett is prepared to take the stage solo, fielding questions from a mixed audience of analysts, shareholders, and journalists. With the Berkshire Hathaway Annual...
Introduction According to a Bloomberg report on April 10, Berkshire Hathaway, led by Warren Buffett, intends to issue yen-denominated bonds globally once again. A week later, on the 18th, Berkshire announced that the scale of this bond issuance amounted to 263.3 billion yen, marking the largest issuance of its yen bonds since their debut in 2019. Of particular note, Berkshire's decision to borrow yen comes at a time when the currency is plung...
Berkshire Hathaway priced JPY263.3 billion of yen bonds, approximately US$1.71 billion, at a reduced premium. Market concerns about a potential interest rate hike by the Bank of Japan have eased. Berkshire Hathaway increased its Japanese stock holdings after issuing around US$800 million in yen bonds in November 2023. Speculation arises that Warren Buffett may be preparing for another investment in Jap...
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Money Master :
He trying to borrow money from Japan and squeeze the juice of Japanese… He gamble Yen will drop further and attack the Yen?!
Traders are closely watching the Y152.00 level against the dollar. There are concerns about potential intervention by Japanese authorities due to the yen's recent weakening, which is seen as not in line with economic fundamentals and driven by speculation.
What comes to my mind immediately in light of a potentially strengthening Japanese economy is how this may affect their central bank's current policy of yield curve control. A stronger Yen means a weaker dollar, relatively. Would they buy more US treasuries in order to keep the Yen from becoming too strong, or would they instead prefer to see a strong Yen? If the latter occurs, they could become the US "bond vigilante" that so many have feared for years, either causing US bond yields to rise rap...
Monday witnessed a decline in the US dollar, with the currency on track to experience its largest monthly drop in the past year. As per the dollar index, which gauges the currency against six significant peers, it decreased by 0.2%, hitting 103.20 and was moving towards a monthly loss of over 3%. This is the weakest performance since November 2022. Technically, the dollar index did enough damage...
JPY/USD Forum
With the Berkshire Hathaway Annual...
According to a Bloomberg report on April 10, Berkshire Hathaway, led by Warren Buffett, intends to issue yen-denominated bonds globally once again. A week later, on the 18th, Berkshire announced that the scale of this bond issuance amounted to 263.3 billion yen, marking the largest issuance of its yen bonds since their debut in 2019.
Of particular note, Berkshire's decision to borrow yen comes at a time when the currency is plung...
$JPY/USD(JPYUSD.FX)$
Would they buy more US treasuries in order to keep the Yen from becoming too strong, or would they instead prefer to see a strong Yen? If the latter occurs, they could become the US "bond vigilante" that so many have feared for years, either causing US bond yields to rise rap...
Technically, the dollar index did enough damage...
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