$BTC
🚨Why Japan’s dynamic is everyone’s headache, innit 🤔
Higher yields on JGBs mean their own bonds look proper tasty compared to foreign debt, so the Japanese ain't buying up US Treasuries and European bonds like they used to ↩️
Japan’s sitting on the biggest pile of US Treasuries in the world—over a trillion quid's worth! If they stop buying, US borrowing costs are gonna skyrocket, with the 30-year Treasury already past 5%. That Treasury buyback thing was just a quick band-aid, blimey ↔️
The market’s spelling it out clear as day: the days of cheap foreign cash propping up US debt are well and truly done, mate 👀
$ETH
$XRP
#BitcoinStrongestWeekSinceMarch2023 #Japan #Market_Update
🚨Why Japan’s dynamic is everyone’s headache, innit 🤔
Higher yields on JGBs mean their own bonds look proper tasty compared to foreign debt, so the Japanese ain't buying up US Treasuries and European bonds like they used to ↩️
Japan’s sitting on the biggest pile of US Treasuries in the world—over a trillion quid's worth! If they stop buying, US borrowing costs are gonna skyrocket, with the 30-year Treasury already past 5%. That Treasury buyback thing was just a quick band-aid, blimey ↔️
The market’s spelling it out clear as day: the days of cheap foreign cash propping up US debt are well and truly done, mate 👀
$ETH
$XRP
#BitcoinStrongestWeekSinceMarch2023 #Japan #Market_Update
