🇯🇵 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

BANKUSDT

Perp

0.04221

+12.77%

ALPINEUSDT

Perp

0.5891

+12.29%

ASRUSDT

Perp

1.826

+19.26%