#MarketRebound
This is one of the MOST IMPORTANT REASONS why the FINANCIAL MARKETS are recovering today
✅ Bessent will travel to Japan to discuss the AGREEMENT between the U.S. and Japan
✅ Today the U.S. stated that it is close to finalizing the agreement with Japan
💥💥 What’s special about this 💥💥
✅ The important thing here is that investors expect that in this agreement it will be established that Japan:
🚨 Stops raising interest rates and/or cuts them
🚨 That Japan resumes the PURCHASE of American bonds
And this is totally possible since it has always been like this:
💦💦 Japan's holding of American bonds increased from $573B in 2017 to over $1T in 2010
🧲🧲 This would reassure investors regarding the YEN CARRY TRADE and regarding the BASIS TRADE LEVERAGING