Post #4947

⚡️ Japan's 10Y bond yield has reached its highest level this century. Rising bond yield means the market is expecting a rise in inflation, primarily due to the energy crisis. If bond yields keep going up due to inflation fear, the BOJ could turn hawkish and implement rate hikes. A rate hike could mean the Yen may strengthen, which will unwind the Yen carry trade and potentially crash the markets, similar to August 2024. @odes_ai