SCOTT BESSENT: Markets are going down because Japan's bond market just suffered a six-standard-deviation move in ten-year bonds over the past two days. · Scour

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SCOTT BESSENT: Markets are going down because Japan's bond market just suffered a six-standard-deviation move in ten-year bonds over the past two days.

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📉Balance Sheet Recession

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This has nothing to do with Greenland; it’s all about the Japanese bond blowout.

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