Crypto Rover|Aug 10, 2026 20:06
🚨 BOJ COULD CRASH THE GLOBAL MARKETS
In just a week, BOJ rate hike odds have jumped from 30% to 60%.
The reason the yen carry trade unwind isn't happening is that there's still a rate gap between the US and Japan.
But if BOJ continues with rate hikes, the gap will narrow down, and borrowing yen won't be very profitable.
This will force the investors to sell their assets and repay the debt.
We have already seen its consequences in August 2024, but the next one will be much bigger.(Crypto Rover)
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