JAPANESE DEBT BOMB DETONATES $10T+ GLOBAL SHOCKWAVE

JAPANESE GOVERNMENT BOND YIELDS HIT RECORD HIGHS. THE ERA OF NEAR-ZERO INTEREST RATES IS OVER. DEBT SERVICING COSTS ARE EXPLODING. FISCAL FLEXIBILITY VANISHES. THIS IS NOT SPECULATION. THIS IS ARITHMETIC.

JAPAN IS A GIANT CAPITAL EXPORTER. OVER $1 TRILLION IN U.S. TREASURIES. HUNDREDS OF BILLIONS IN GLOBAL EQUITIES. NOW, CAPITAL MOVES HOME.

THE CARRY TRADE IS UNWINDING. OVER $1 TRILLION BORROWED IN YEN. FORCED SELLING BEGINS. CORRELATIONS GO TO ONE. EVERYTHING CRASHES TOGETHER. GLOBAL BORROWING COSTS SKYROCKET. THE BANK OF JAPAN IS STILL TIGHTENING.

DISCLAIMER: THIS IS NOT FINANCIAL ADVICE.

#JAPAN #MARKETS #CRISIS #BONDMARKET 💥