Nearly everyone could face huge losses in 2026. Read that carefully.
A **major financial crisis** is approaching. After **87 hours analyzing real global financial data**—not headlines or hype—I found this is far more serious than a typical recession. It’s already beginning, and it won’t start with panic; it will start quietly, within the **U.S. Treasury market**.
Bond volatility is picking up. The MOVE index doesn’t spike for no reason. Bonds react when funding tightens, not when social media gets loud.
Here’s what’s aligning:
**1️⃣ U.S. Treasury**
* 2026 brings massive debt rollovers while deficits remain enormous.
* Interest costs are skyrocketing.
* Foreign buyers are pulling back.
* Dealers’ balance sheets are limited.
* Long-term auctions already show stress—larger tails, weaker demand.
Funding shocks begin with failed auctions, not crashes.
**2️⃣ Japan**
* The largest foreign holder of U.S. Treasuries.
* Core of global carry trades.
* If USD/JPY continues rising and the BOJ intervenes, carry trades unwind quickly.
* Japan selling foreign bonds amplifies stress on U.S. yields.
**3️⃣ China**
* Local government debt is still high.
* Any credit event weakens the yuan, strengthens the dollar, pressures commodities, and pushes U.S. yields higher.
* Another amplifying factor.
The trigger doesn’t need drama. One poorly received 10Y or 30Y Treasury auction could spark the chain reaction. We’ve seen similar events—like UK gilts in 2022—but this time, it’s **global**.
**Sequence to watch:**
* Yields spike → Dollar surges → Liquidity tightens → Risk assets drop.
* Central banks intervene → Liquidity returns → Phase two begins:
* Real yields fall
* Gold rises
* Silver follows
* Bitcoin recovers
* Commodities move
2026 isn’t the collapse—it’s a **reset**. Bond volatility is the first warning. Ignore it, and you risk being exit liquidity.
This is an early call. Watch closely.