🚨 JAPAN’S BOND MARKET IN CRISIS: THE GREAT EXODUS 🇯🇵📉 $AXS
The demand for Japanese Government Bonds (JGBs) is absolutely cratering! 💥 In a historic move, Japanese insurers offloaded a staggering -$5.2 billion in long-term bonds (10+ years) this past December. 💸🏃♂️
This isn't just a blip—it is the largest monthly sell-off since data tracking began in 2004! $DUSK
📉 Breaking Records (The Bad Way)
5 Months of Selling: This marks the 5th straight month of net sales—the longest selling streak on record. 🗓️🔥
Massive Liquidation: Over this period, insurers have dumped a net total of -$8.7 billion in long-term debt. 🌊📉 $FOGO
📉 Auction Demand is Vanishing 👻
The trouble deepened on Tuesday during the 20-year government bond auction, where demand plummeted well below the yearly average:
Bid-to-Cover Ratio: Crashed to 3.19 (down sharply from 4.1 at the last auction). 📉📉
Below Average: This is significantly lower than the 12-month average of 3.34, signaling that buyers are losing appetite for Japanese debt. 🛑🏦
⚠️ The Bottom Line
Japan’s bond market crisis is no longer just "developing"—it is deepening rapidly. 🌪️ As major institutional players exit and auction demand dries up, the pressure on the Japanese financial system is reaching critical levels. 🏦🆘
