$ARPA

The 30-year JGB yield recently $PENGUIN

PENGUIN

hit a 13-year high around 2.2%, $DUSK

not 3.8%. However, because bond prices move inversely to yields, the price collapse is indeed historic. High duration means even small rate hikes cause massive capital losses. It’s a brutal correction after decades of Japan's "ultra-easy" monetary policy finally shifted.

ARPAUSDT

Perp

0.01252

-1.02%

PENGUIN

Alpha

0.084819

-7.21%

DUSKUSDT

Perp

0.15326

-2.26%