๐Ÿšจ JAPAN BOND MARKET FLASHPOINT ๐Ÿ‡ฏ๐Ÿ‡ต

Foreign investors dumped ยฅ1.28T of Japanโ€™s 2- & 5-year bonds in July โ€” the biggest monthly sell-off since 2006.

๐Ÿ“‰ Meanwhile, they bought ยฅ889.8B of JGBs maturing beyond 10 years.

๐Ÿ”ฅ JGB yields are hitting multi-decade highs, with the 10Y near 3%.

โš ๏ธ Japan also holds roughly $1.2T in U.S. Treasuries.

If Japanese yields keep rising, capital could increasingly stay home โ€” potentially putting pressure on U.S. bonds, global liquidity, stocks, gold & crypto.

๐Ÿ‘€ Is Japan becoming the next major global liquidity catalyst?

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