#MarketRebound The important thing here is that investors hope that the agreement will stipulate that Japan:

🚨 Stop raising interest rates and/or cut them

🚨 Japan will resume BUYING US bonds

And this is entirely possible because it has always been like this:

💦💦 The amount of US bonds held by Japan has increased from $573 billion in 2017 to over $1 trillion in 2020

🧲🧲 This will reassure investors about the YEN CARRY TRADE and about the LEVERAGE of the BASIS TRADE