1/ If the National pension fund of Japan sells UST for their cash flows, They hurt up their entire banking system. Because the entire banking system is a big fat SVB. Low loans to deposits, lots of foreign bonds/ duration. pic.twitter.com/yKs0ZQ8701
— Geoffrey Fouvry (@GraphFinancials) July 28, 2024
48 hours now and the number of MSM that reported Japan Post Bank profit warning is still ZERO 😳
I am having a bad gut feeling about it… https://t.co/7eJ4zQqON8
— JustDario 🏊♂️ (@DarioCpx) July 28, 2024
busy week coming.. BOJ, BOE & FED pic.twitter.com/6XFTqRcob9
— Alessio (@AlessioTMAD) July 28, 2024