🇯🇵 WATCH JAPAN

Japan’s 2Y bond yield just hit levels last seen before the GFC.

Rising yields in Japan =

• Less carry trade

• Stronger JPY risk

• Pressure on global risk assets

Macro matters.

#Fed

$BANK

$ALPINE

$ASR

BANKUSDT

Prep

0.04304

+12.31%

ALPINEUSDT

Prep

0.5951

+13.09%

ASRUSDT

Prep

1.901

+24.24%