TLT: Japan Sold $88 Billion To Defend The Yen, And The Long End Didn't Flinch (NASDAQ:TLT)
· seekingalpha.com
TLT ETF is a hold: see the 12-month price target, why Japan’s yen defense hasn’t hurt long Treasuries, and the key risk investors should watch.
So, Japan spent ¥27.1 trillion defending the yen this year. The long end didn't even flinch. Japan's Treasury holdings fell $171 billion from February to Augus...