🇯🇵 Japan’s 10Y bond yield just hit a 29-year high a major macro warning signal 🚨

Rising yields = rising inflation fears

Inflation pressure = tighter policy risk from BOJ

If BOJ turns hawkish → Yen strengthens

Strong Yen → carry trade unwind → liquidity shock

Markets have seen this before… and it wasn’t pretty.

Stay alert. Volatility is loading.