🚨Japanese Government Bonds Are CRASHING:
🇯🇵Japan's 30-year government bond yield spiked 30 basis points in one session, to 3.90%, the highest in HISTORY.
40-year yield surged 28 basis points, to 4.22%, the highest EVER.
40-year yields have soared ~80 basis points since the new Prime Minister Sanae Takaichi took over in October, 20.
10-year yield jumped 12 basis points, to 2.37%, the highest since the 1990s.
This comes as investors worry that the tax-cut promises ahead of the February elections mean the government will bring in less money, take on more debt, and put even more strain on Japan’s already extremely weak finances.
Meanwhile, demand collapsed at a 20-year government bond auction, sending buyers to the sidelines.
Thin demand opened the floodgates, pushing yields into levels Japan has never seen.
Japan has LOST the control of its bond market.
Gold and silver are skyrocketing as a response.
Something is going to really BREAK soon.
