Hedge Funds Boost Yen Shorts by Most Since 2015 on Japan Vote

Hedge funds ramped up bearish yen wagers by the most in over a decade last week as investors weighed the prospects of a snap Japanese election and its implication on fiscal policy.

Leveraged funds increased net yen shorts by 35,624 contracts during the week ended Jan. 13, the most since May 2015, data from the Commodity Futures Trading Commission showed. It was the first increase in bearish bets in five weeks.