BREAKING: Japan's 10Y Bond Yield officially rises above 3.00% for the first time since 1996.
The move comes just hours after reports that US Treasury Secretary Bessent told Japanese officials that rate hikes are needed.
We are witnessing history and most people don't even realize it.
Goldman is now packaging synthetic total-return swaps on hyperscaler credit because CDS on "cash-rich" Big Tech is widening — Meta 75–92bps, NVIDIA 54–82bps, with NVIDIA CDS at points trading above its own cash bonds
There will be an illiterate generation with zero attention span in the next 10 years. People will become more informed about everything but lack any depth of knowledge they won’t even have surface-level knowledge. With zero attention spans, it becomes very hard to explain things. Thanks to social media. The next pandemic is Brainrot.
Risk management 101—every exposure should have a limit, even when you’re sure nothing could go wrong. After all, the Titanic sank and AAA mortgage bonds went to zero. I worry about the market’s (and the economy’s) unlimited appetite for exposure to the positive AI revenue story.
@AdityaRajKaul Let's assume, this really is the case and Ind-uae-israel nexus happens as well. Tomorrow Pak attacks India, Israel will join and USA which guarantees its security will join on India's side?