Bond investors bet on Japan's day of reckoning

Some hedge funds are starting to wager on painful times ahead for Japan, the world's second-largest economy.

These investors, including some who made successful bets against risky mortgages and financial companies in recent years, anticipate trouble for Japan's financial system. Their concern: government borrowing continues to climb while demand for the nation's debt could taper off.

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The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.