🎯 Japanese money is moving back home—and this is just the beginning
📰 Japanese investors were net buyers of ¥18.8 trillion in government bonds in the first half of the year, the most since 2009. The Bank of Japan is likely to stand pat in October, while signals of a December rate hike have already been sent
💬 Here’s an interesting point: they’re keeping rate-hike expectations alive while bringing money back home first. As the carry-trade tide goes out, high-beta assets get hit first—and BTC is too big to escape
🏷️ #日本央行 #套息交易 #日元 #GlobalLiquidity
📰 Japanese investors were net buyers of ¥18.8 trillion in government bonds in the first half of the year, the most since 2009. The Bank of Japan is likely to stand pat in October, while signals of a December rate hike have already been sent
💬 Here’s an interesting point: they’re keeping rate-hike expectations alive while bringing money back home first. As the carry-trade tide goes out, high-beta assets get hit first—and BTC is too big to escape
🏷️ #日本央行 #套息交易 #日元 #GlobalLiquidity