🚨 BREAKING – Japan’s #centralbank Hit by Record Losses! 🇯🇵
The Bank of #Japan just reported record unrealized losses of $198 BILLION in FY2024 from its government bond holdings!
That's 3x more than last year’s $66B 😱
Why?
Japan’s 10-year bond yield DOUBLED to ~1.5%
30-year yield JUMPED 70bps to ~2.5%
In just the last 2 months, yields have spiked — putting massive pressure on the BOJ’s balance sheet.
This could shake up global bond markets and push Japan closer to a major monetary policy pivot.
Unrealized losses are rising at RECORD SPEED!
Are we witnessing the cracks in Japan’s financial system?