๐Ÿšจ๐Ÿ‡ฏ๐Ÿ‡ตBREAKING: JAPANโ€™S 10-YEAR GOVERNMENT BOND YIELD JUST HIT 2.52% THE HIGHEST LEVEL SINCE 1997.


Nearly three decades.
After years of negative rates, massive QE, and hardcore yield curve control, the JGB market just broke out to levels not seen since the late 1990s.
This isnโ€™t a small move.
Itโ€™s the clearest signal yet that Japanโ€™s ultra loose money experiment, the fuel for global carry trades worldwide, is coming to an end.
Higher borrowing costs in the worldโ€™s third-largest economy.
Stronger yen potential.
And fresh pressure on every asset class that borrowed cheap yen for years.
The bond market in Tokyo just sent the loudest message in 29 years.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments