BREAKING: BANK OF JAPAN ANNOUNCES AN UNSCHEDULED MARKET CRASH
— Not Jerome Powell (@alifarhat79) December 20, 2022
The Bank of #Japan blinked and pivoted in the opposite direction. After artificially holding the 10-year JGB yield at .25%, the BOJ just raised the target rate to .5%. More hikes are coming. In the U.S. this means the #dollar and asset prices will fall and #inflation will rise.
— Peter Schiff (@PeterSchiff) December 20, 2022
https://twitter.com/WallStreetSilv/status/1605263603057438720
This is it!!! The Japanese bond market may have collapsed; and if so we are weeks away from the endgame.
Japan Securities Clearing Corp (JSCC), the equivalent of US’s DTCC, issues emergency margin call.
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