Macro Finance
Australia’s Second-Largest Pension Makes Big Bullish Bet on Yen
Bloomberg Markets·August 26, 2026·1 min read
Australia's second-largest pension fund has built its biggest overweight position in the Japanese yen in years. The bet reflects expectations that markets are underpricing Bank of Japan interest rate hikes. This strategic positioning signals confidence in potential yen appreciation as policy tightening looms.
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