Yields breaking out. Equities topping. VIX near multi-decade lows, policy uncertainty near highs. If you think markets are fine, try borrowing a single CUSIP right now.
BOJ rate decision this week.💹 The bond market has decided for the BOJ, which is why it’s most likely they will hike rates and it would be a colossal mistake if they don’t. More importantly, the BOJ is likely to …