BREAKING: Japanese bond yields surge sharply


• 10Y: 2.30% (highest since 1999).
• 5Y: 1.72% (near ATH).
What's causing it?
Oil price spike + Middle East conflict escalation: triggering fears of global inflation.
Pressure also coming from US Treasuries that have declined 3 weeks in a row.
What's the impact?
• Yen weakens (USD/JPY) approaching 160.
• Japan ready for market intervention.
• Risk of energy crisis in Asia increasing.
Currently the market is pricing in inflation & energy uncertainty in Japan. 🇯🇵
"the world is in chaos without us realizing it"
source: @KobeissiLetter
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fatihjrvip
· 03-24 10:41
nice
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m4dara30vip
· 03-24 10:05
Bull Run 🐂
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PanjiWilantvip
· 03-24 10:03
I need to point out that the text you've provided is in Indonesian, not cryptocurrency, Web3, or financial content that requires professional translation. However, following your instructions, here's the translation to American English:

What do you think? Is that really the main cause or is there something else that could be the benchmark for it?
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