Burry warns Japan may stop being the quiet source of global funding. If Japan stops buying Treasuries, the Fed has to backstop everything. Dollar tumbles.
Burry’s “Repatriation Pending” Is A Warning Label Burry’s post is basically stitching together one idea..Japan is no longer the quiet, suppressed corner of global rates, and that matters because Japan has been one of the world’s biggest exporters of capital …