Source: TokenPost
Original Title: [Market Analysis] Japan Government Bond Yields Surge, Gold Prices Break $4,600… Prime Minister Takaiichi’s “More Money Printing” Gambit
Original Link:
Japan’s monetary experiment is heading toward a catastrophe. As Prime Minister Sanae Takaiichi announces an early general election and forecasts large-scale fiscal spending and tax cuts, Japan’s government bond(JGB) yields have soared to record highs, and gold prices have surpassed $4,600 per ounce.
The market is reacting fiercely, interpreting this as an effective declaration of Japan’s fiscal insolvency.
Key Points:
Prime Minister Sanae Takaiichi announces early general election on February 8… pledges “tax cuts and increased defense spending”
Market dumps government bonds over concerns of ‘fiscal discipline collapse’… 10-year yields hit highest in 27 years
Yen plunges to lowest value ever vs. gold prices reaching new highs… “Is a financial crisis originating from Japan about to begin?”
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Japanese government bond yields hit a 27-year high, and gold prices broke through $4,600—macroeconomic policy shift triggers market volatility
Source: TokenPost Original Title: [Market Analysis] Japan Government Bond Yields Surge, Gold Prices Break $4,600… Prime Minister Takaiichi’s “More Money Printing” Gambit Original Link: Japan’s monetary experiment is heading toward a catastrophe. As Prime Minister Sanae Takaiichi announces an early general election and forecasts large-scale fiscal spending and tax cuts, Japan’s government bond(JGB) yields have soared to record highs, and gold prices have surpassed $4,600 per ounce.
The market is reacting fiercely, interpreting this as an effective declaration of Japan’s fiscal insolvency.
Key Points: