JPY moves are a strong sign Margin Calls keep hitting levered traders, collateral is being seized, but this time around clearly not dumped in the open market (maybe not dumped at all).
The more banks and brokers are stuffed with illiquid assets the closer we get to a BTFP2.0 https://t.co/iGDIJBFNeA pic.twitter.com/p4c4JzZuef
— JustDario 🏊♂️ (@DarioCpx) April 14, 2025
JAPAN'S 30-YEAR BOND YIELD JUMPS 12BPS TO 2.845%, HIGHEST SINCE 2004 pic.twitter.com/TaV1bOvviJ
— Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) April 14, 2025
USD/JPY 😳 pic.twitter.com/xURYwtw9fU
— Kalani o Māui (@MauiBoyMacro) April 14, 2025