11. A rising yen helps bonds by acting as a drag on Japanese economic growth. 12. A stronger yen helps shrink the Japanese trade gap with the U.S. by making Japanese exports more expensive abroad. 13. A rising yen helps bonds by increasing the value of yen-denominated debt to investors who convert bond income into dollars. 14. A weak yen helps Japanese exporters by increasing the yen value of profits earned overseas. 15. A weak yen helps Japanese exporters by making their products cheaper in overseas markets. 16. A weaker yen helps the numerous Japanese exporters by making their products cheaper abroad. 17. A weaker yen would help by boosting Japanese exports, as it would make them cheaper in foreign currency terms. 18. A stronger yen helps bonds by increasing the return to foreign investors when they convert bond income to other currencies. 19. A stronger yen would help shrink Japanese exports by making them more expensive in the American market. 20. A strong yen helps South Korean exports by pushing up the prices of their Japanese competitors. |