The Bank of Japan is expected to sell more than 1 trillion yen worth of U.S. Treasuries tomorrow (7:50 p.m. Eastern time, before the Japanese market opens), with a size about four times the previous 280 billion yen operation. The last small-scale selloff triggered a 15% plunge in the market within 3 hours; this larger-scale move has raised concerns about a potential global liquidity shock.

#日本央行 #美债 #crypto market