4 October 2026
Japan's Bond Crack, the Dollar's Debt Spiral and the Paper Gold Mismatch
Felix Prehn connects Japan's record bond yield to dollar devaluation and the mismatch between paper gold claims and physical metal.
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Essays on interest rates and sovereign debt
Felix Nikolas Prehn writes on sovereign debt, interest rates, currencies and the institutions that set the cost of borrowing. This collection interprets market repricing through specific mechanisms and their underlying data.
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About the author
Felix Nikolas Prehn is an economist and former investment banker. He co-founded TradeVision.io and founded Winston Daily and The Prehn Institute. Winston is his adopted golden retriever. Felix is a vocal advocate for animal rescue.