🇯🇵 JAPAN’S 30 YEAR BOND MILESTONE Japan’s 10 year government bond yield has hit 3% for the first time since 1996. Markets are pricing in higher inflation, fiscal concerns & further Bank of Japan tightening. If Japanese rates keep rising and the yen strengthens, yen-funded carry trades could unwind : tightening global liquidity & pressuring risk assets, including $XRP & crypto. A major warning signal but NOT YET proof of a full carry-trade unwind.
MjB38 | Crypto NewsShare
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