$BTC
🚨📢 The global bond market is showing a glaring contradiction, moving in the exact opposite direction of what the Bank of Japan is expected to do tomorrow , While the bank is forecast to raise interest rates to 1% — the highest level in 30 years — which should push Japanese bond yields higher, yields are actually plunging sharply alongside a collapse in global bond yields
This downward wave started in the U.S., where the 10-year Treasury yield dropped from 4.68% to 4.42% over the past 27 days, and the 20-year yield fell from 5.21% to 4.92% in the same period📢
But the strongest and strangest decline is happening in Japan: the 10-year Japanese bond yield dropped 8.97% over 27 days, while the 20-year yield fell even more, down 9.58%.
This picture reflects a major disconnect between the BOJ’s hawkish monetary policy expectations and investor behavior. Instead of positioning for a rate hike, liquidity is flowing into bonds as a safe haven, driven by fears of a global economic slowdown. That has driven bond prices up and yields down sharply, making the market defy all traditional expectations just hours before the historic decision 📢