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>> JAPANESE YEN Latest News

JAN 18, 2013 - Benzinga

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Kyle Bass: Investors Buying Japanese Stocks are Picking Up Dimes in Front of a Bulldozer

Hayman Capital's Kyle Bass spoke with CNBC's David Faber on Friday about his outlook for a number of markets and how his hedge fund is positioned. Bass was particularly adamant about Japan's disastrous fiscal situation and his belief that the Japanese yen and bond market is headed for a spectacular collapse. He said that the county has a debt level which is 24-times its tax revenue.

Tags: Kyle Bass: Investors Buying Japanese Stocks are Picking Up Dimes in Front of a Bulldozer,  Japanese Yen Latest News