The culprit behind the global market plunge has been identified, and it's not Greenland, but Japan!🚨
Bessent: He revealed that the 10-year Japanese government bond experienced an abnormal fluctuation of "6 sigma" within the past 48 hours.
When the anchor of the global risk-free rate (Japanese bonds) goes out of control, liquidity is instantly drained, and cryptocurrencies and US stocks are naturally the first to be affected.
Is this just a technical adjustment, or the beginning of a global liquidity crisis? Have your positions moved now?👇
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The culprit behind the global market plunge has been identified, and it's not Greenland, but Japan!🚨
Bessent: He revealed that the 10-year Japanese government bond experienced an abnormal fluctuation of "6 sigma" within the past 48 hours.
When the anchor of the global risk-free rate (Japanese bonds) goes out of control, liquidity is instantly drained, and cryptocurrencies and US stocks are naturally the first to be affected.
Is this just a technical adjustment, or the beginning of a global liquidity crisis? Have your positions moved now?👇