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🚨🚨 Japan's bond market is facing its toughest year in over a decade 🔥📢
Net supply of Japanese government bonds is set to surge +8% to ¥65 trillion ($415 billion) in the fiscal year starting April, the largest increase in at least 15 YEARS 🔥📢
This comes as the Bank of Japan continues stepping back from the market 🔥📢
BoJ holdings are expected to shrink by ¥46.5 trillion next fiscal year, compared with ¥41.1 trillion in the current period, as monthly purchases are cut by more than a quarter 🔥📢
This leaves private buyers with way more issuance to absorb 📢
Meanwhile, 10-year JGB yields have surged to 2.13%, the highest since 1999 📢
Japanese government bonds already lost -6% last year, the worst performance among 40+ sovereign markets tracked by Bloomberg 👀
More supply + fewer BoJ purchases = higher borrowing costs for the world's most indebted developed nation 🔥📢
Brace for more volatility in the Japanese bond market 🔥
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#Japan #Market_Update #CryptoMarketAnalysis
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🚨 UPDATE: The U.S. Supreme Court did not issue a ruling on the Trump tariffs case today.
This means the legal uncertainty we mentioned yesterday remains unresolved
The two key risks are still on the table:
• Potential refunds of tariffs already collected
• Loss of the projected $3 trillion deficit reduction over the next decade Until the Court rules, tariffs stay in place, but markets are waiting
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This delay extends near-term uncertainty around trade policy, government revenue, and the broader macro impact
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#USGovernment #US-EUTradeAgreement #CryptoMarketAnalysis #Market_Update
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🇺🇲🚨President Trump posted unreleased jobs data 12 hours before it was released by the US Labor Department 🔥
Yesterday, at 8:20 PM ET, President Trump posted a picture showing private-sector job growth of 654,000 🔥
This data was then "officially" released at 8:30 AM ET today 📢
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#USGovernment #TrumpCryptoSupport #Market_Update