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*JAPAN 30-YEAR BOND YIELD RISES 26.5 BASIS POINTS TO 3.875% https://t.co/7prHVDupOd
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The old bond market adage is that yields will keep rising until something breaks. In 2022/23, rising U.S. yields "broke" several banks by March 2023 (Silicon Valley Bank). Japanese yields are now at a 27-year high and going vertical. When does something "break" in Japan? https://t.co/qMANhs6pIm
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