JPY will be focusing on controlling the yield curves.
We thought it was China that would be the first to offload the treasury bonds, we were wrong.
Still, we see "fulls" rushing in to buy at low $26 and hoping this will go to $30 or $40.
Many other countries will follow suit to prep for the new BRICs currency and this will cause alot of turmoil while US is busy matchmaking banks for a "shotgun" marriage. we will see the newly weds marrying again 🤭.
How does this relate to the semiconductors?
Well, easy, market managers, hedge funds will restrategize their portfolio and focus on how to mitigate it. And definitely there will be big sell off from now, as they will be buying sludges from the toxic waste plants.
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