⚠️ JGB YIELDS ARE THE HIDDEN BOMB SHAKING MARKETS! ⚠️
Forget the headlines, the real structural shift is the vanishing marginal bid in the JGB market. This is setting up a massive global risk-off cascade you cannot ignore.
Higher JGB yields fundamentally change the math for global duration flows. This means less foreign support propping up U.S. bonds. Yields grind higher everywhere.
The accelerant is here: Yen strength colliding with rising yields stresses every carry trade. Leverage gets flushed out and correlations snap violently high across the board.
In this breakdown: Equities, credit, and EM sell in unison. $SOMI, $ENSO, and
$KAIA are just optional high beta riding the wave. Prepare for contagion.
#RiskOff #JGB #GlobalMacro #Contagion 🚀