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A famed Wall Street bear warns of 'global financial market Armageddon' as Japanese bond yields spike
"Major financial events often happen first in Japan, for example the late-1990s tech bubble bursting first in Japan," Albert ...
The 40-year yield is still below the US 30-year Treasury yield, which earlier today briefly flirted with 5.0% again. Click to read.
The review comes as yields on 20-, 30-, and 40-year Japanese government bonds have climbed to record highs, driven by waning demand from key institutional investors such as life insurers.
Bitcoin’s all-time high was driven by its growing recognition as a hedge against traditional finance issues, following Japanese bond yields rising to new highs.
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