Our harvest time is coming soon and we will regain our freedom and live the way we choose to live πππ $Velo, $Jasmy, $Tel, $Reef, $Trx β¦ etc 2026 β³
Resilience like a lotus" is a powerful metaphor for overcoming adversity by emerging from difficult circumstances, like muddy waters, to bloom into beauty and strength. The lotus symbolizes how, despite originating in darkness and muck, it pushes through to find light and grow.
βΌοΈJapanese government bonds are now offering more income than Japanese stocks for the first time since 2008:
The 10-year Japanese government bond yield has risen above the Topix dividend yield for the first time since the Global Financial Crisis.
This comes as the 10-year JGB yield has surged to ~2.7%, the highest since the 1990s, driven by rising inflation, fiscal concerns, and Bank of Japan rate hikes.
This erases decades of yield advantage that Japanese stocks held over domestic bonds.
Why is this important?
Japanese life insurers and pension funds are among the largest holders of Japanese equities, and may increasingly rotate toward bonds as JGB yields now offer competitive income, potentially creating sustained selling pressure on Japanese stocks.
Furthermore, Japanese institutional investors hold an estimated $3-5 trillion in foreign assets, meaning any significant rotation back into domestic bonds could pressure international equity markets.
When bonds pay more than stocks, the case for owning equities weakens.