The timing is interesting: The Bank of Japan announced an unscheduled bond-purchase operation overnight to dampen the selloff in the nation’s debt.

September 29, 2023 8:25 am by CWR

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Meanwhile, in the US, yields on 30-year Treasuries are poised for their largest quarterly jump since 2009. t.co/l72Q23yKu5

— Lisa Abramowicz (@lisaabramowicz1) September 29, 2023

See also More people are worried about losing their jobs; Back-to-school shopping is pushing a third of Americans into debt; Cash-strapped companies are facing increasing creditor conflicts...

See also If this global selloff continues next week, it will be MOAC - Mother of All Clusterfucks. Powell falling downstairs juggling pies.

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