The world is not just dealing with inflation, deficits, and central bank speeches. It is also dealing with the slow disappearance of a giant invisible subsidy.
In this story, I break down Japan’s lost decades, deflation, zero rates, yield curve control, the outward flood of Japanese capital, why that old flow helped hold down long-end yields around the world, and what changes when Japanese institutions finally have a reason to stay home.
If you want to understand why mortgage rates, Treasury yields, and valuations still feel stubborn, this one matters.
Disclaimer: This is an independent, educational fan channel and is not affiliated with Warren Buffett or Berkshire Hathaway. AI-generated voices are used for storytelling and educational purposes only. This content is not financial advice.
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