🚨 JAPAN BOND MARKET JUST FLIPPED
This is not normal.
Japan 10Y yields have exploded from -0.28% → 2.5% since 2019.
That’s a 1000%+ surge.
For years, kept yields near ZERO.
Negative rates. Yield curve control. Easy money.
That era is ending.
And the shift is violent.
Why this matters:
Japan is one of the BIGGEST holders of global debt
Rising yields = capital gets pulled back home
Global liquidity starts tightening
This isn’t just Japan…
It’s a global domino.
Here’s the real risk:
Higher Japanese yields → less incentive to invest abroad
US bonds could face selling pressure
Global borrowing costs rise
Liquidity = the lifeblood of markets.
And right now… it’s being drained.
What to watch:
Further BOJ policy changes
Yen strength or instability
Global bond market reactions
If this continues:
Equities face pressure
Crypto loses liquidity tailwinds
Volatility spikes across all assets
This is how macro shocks begin.
Slow at first… then all at once.
Stay sharp.
#Macro #Bonds #Japan #Crypto #Markets