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But we saved everything 🙂.
Arthur Hayes highlights a potential issue for U.S. treasuries if Japanese investors choose domestic bonds due to higher yields on Japanese Government Bonds (JGBs). He suggests this move could impact the funding of Pax Americana.
Hayes's observations on shifting investor preferences and their implications for global financial stability align with his prior commentary on changing market sentiment, such as his assessment when he signaled a possible crypto market rebound. His engagement with the broader community, as illustrated in his employment meme contest, further underscores the dynamic interplay between market narratives and participant behavior.