DarthTrader
Diamond Member
- Mar 29, 2022
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- #1
The significance of JP10Y (Japanese Government Bond 10 Year) yields skyrocketing 100% cannot be understated. The Bank of Japan is going to lose over $200 billion if it loses control of its yield curve and it just lost control massively. To put it in perspective that's 50x how much Lehman Brothers and Bear Stearns lost.
They can't possibly print enough money to buy enough bonds of which they own about $8trillion in bonds already. The curve is exploding, and its going to send a wave of deflation across the rest of the world at a time when dumb a s s Biden wants the FEDs to raise rates EVEN higher.
Why did dumb a s s Biden push the FEDs to raise rates 75 basis points? Is he TRYING to destroy America?
They can't possibly print enough money to buy enough bonds of which they own about $8trillion in bonds already. The curve is exploding, and its going to send a wave of deflation across the rest of the world at a time when dumb a s s Biden wants the FEDs to raise rates EVEN higher.
Why did dumb a s s Biden push the FEDs to raise rates 75 basis points? Is he TRYING to destroy America?