$DEXE $COOKIE $COS 🔥⚡Increase in Japanese bond yields amid economic concerns
#WhaleJamesWynnWatch 🔥⚡According to Block Beats, the yields on 30-year Japanese government bonds rose by 100 basis points to a record 3.20% over the past 45 days. This increase has led to a decline of more than 20% in the value of over $500 billion of 'safe' 40-year Japanese government bonds over six weeks.
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✈️⚡Two years ago, the yields on 40-year Japanese government bonds were around 1.3%, but they have now risen to 3.5%. This increase is attributed by the Kubaisi message to a significant political shift from the Bank of Japan (BOJ), which ended its long-standing practice of purchasing bonds. This decision increased the supply of bonds in the market, raising yields.
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🚀⚡Last week, the Prime Minister of Japan warned that the country's financial situation is "worse than Greece." With the Japanese economy slowing and uncertainty rising, yields are accelerating, posing significant challenges to the Japanese economy.
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