🚨 BREAKING 🇯🇵
JAPAN IS SET TO DUMP FOREIGN BONDS TODAY AT 6:50 PM ET.
LAST TIME THEY DID THIS, $356B GOT SOLD. MOSTLY U.S. BONDS.
WITH A RATE HIKE IN PLAY, THIS ROUND COULD HIT $750B+.
THIS IS A MAJOR LIQUIDITY DRAIN
JAPAN IS SET TO DUMP FOREIGN BONDS TODAY AT 6:50 PM ET.
LAST TIME THEY DID THIS, $356B GOT SOLD. MOSTLY U.S. BONDS.
WITH A RATE HIKE IN PLAY, THIS ROUND COULD HIT $750B+.
THIS IS A MAJOR LIQUIDITY DRAIN