✍️ Why does Japan’s 10Y bond yield suddenly matter to the entire world?

Perplexity Computer built this short educational animated video that explains it perfectly.
Watch the video first 👇
Then check the screenshots (my chart + Sections 1–4) for the full picture.
Key points:
❇️ Japan 10Y JGB yield just hit 2.39% — a multi-decade high
❇️ Japan holds over $1 trillion in US Treasuries — rising domestic yields are pulling capital back home
❇️ This is pushing US yields higher and strengthening the Yen
❇️ The famous carry trade is unwinding fast
❇️ Risk assets (equities, EM, high-duration stocks) are under pressure
❇️ Gold is surging as the clear safe-haven winner
Tomorrow I’ll share Section 5 & 6:
Full Investor Allocation Playbook (Conservative vs Balanced vs Aggressive)
Multi-model probability forecast for JP10Y and global markets
What’s your biggest worry right now — US yields, equities, or your currency exposure?
@perplexity_ai