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124 sats \ 4 replies \ @grayruby 20 May \ on: Japanese Bond Market Drama econ

It's fascinating. US 10ys keep rising as well. No one wants sovereign debt.

Central banks will end up owning it all.

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157 sats \ 0 replies \ @siggy47 OP 20 May

Central banks and tether

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40 sats \ 1 reply \ @000w2 21 May

Sovereign debt is like a money wave flowing to us from the future. The duration at which they can afford to refinance will get shorter and shorter, as which point the hyperinflation crashes into us.

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0 sats \ 0 replies \ @grayruby 21 May

Well said.

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0 sats \ 0 replies \ @Solomonsatoshi 20 May

Japan is monetarily and militarily a subservient tribute state to the USA - just like all the other IMF reserve currency board issuing nations, except China.

Chinas alternatives to USD/SWIFT trade payments protocol hegemony, mBridge and CIPS, are eroding petrodollar market dominance . . . and the US empire it supports.

Monetary and military power projection are co dependent.

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