Japan hit negative rates in 2016 and has been there ever since, but economists are predicting they could end it after 8 years Will they could go to ZIRP or maybe a 100 BIPs positive? https://www.reuters.com/markets/rates-bonds/japan-cusp-ending-its-negative-interest-rates-experiment-2024-03-15/
The canary doesn’t look well
https://image.nostr.build/6a89630afda0906601324a27cf40b258d2477d620b8a1aaeb013b6e6fd239a9d.jpg
Lol JPY loves us treasuries so its always interesting to see what they do