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
The Japanese central bank has lost control.
If rates rise to 3% yield, 100% of the Japanese budget goes to paying interest on their debt.
Is the market predicting a Japan default (massive devaluation)?
Italy, Greece and EU next? pic.twitter.com/kpZHZ8OT5x
— Wall Street Silver (@WallStreetSilv) December 20, 2022
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.
