š„JAPANāS DEBT BUYING MYSTERY $ZEC
ā¢ JGB supply up 8% ā Ā„65T ($415B) $FXS
ā¢ BOJ cutting purchases, holdings set to shrink Ā„46.5T $BIFI
ā¢ 10Y yield at 2.13%, highest since 1999
ā¢ JGBs fell 6% last year ā worst among major markets
More supply. Less BOJ support. Higher borrowing costs.
Volatility is back. š„¶
