đš Japanâs $7.6T Bond Market Just Wobbled đš
đŻđ” 30Y & 40Y JGB yields jumped +25bps in a single day â a shock Japan rarely sees!
đ„ Sparked by a failed 20Y auction + worries over a „5T tax-cut plan.
đ Hedge funds fled, insurers offloaded long-term bonds, and last-minute deals collapsed.
đ This ripple isnât just local â global markets feel it.
â ïž If the stress spreads to US/EU bonds, equities could plunge.
đ When bonds break⊠stocks usually follow.