#美联储回购协议计划 【Thirty Years of Zero Interest Rate Big Reversal】Central Bank Suddenly Reveals: Tightening Policy Continues Next Year

"Thirty years, how have the days been?" Such words sound like a turning point in the central bank's drama—the era of negative interest rates officially comes to an end.

"Prices are soaring, wages can't keep up, real interest rates are ridiculously low, if we don't act now, it's over." Translated into:
"Risk-free arbitrage window closes today. Traders relying on the yen for income, good luck to you."
"Next year, interest rates will show their true colors."

The most absurd part is the attitude change—last week still saying "maybe, let's wait and see," then suddenly dropping the bomb: "This wave of inflation, we're going all in."
The market instantly exploded: "The zero-yield king that has been sleeping for 37 years, finally waking up?"
Those traders earning annual profits from yen arbitrage, rebuilding models while cursing: "The most profitable trade of the year, is it the end?"

Global capital is starting to reshuffle.
Japanese assets—the place branded as "the world's cheapest source of funds" for thirty years—is about to have its price tag torn off.

Don't worry about how much the yen will fall; the key is when the next rate hike will come.
When the thirty-year zero interest rate policy finally turns, no one can predict how urgent the follow-up will be.

This is not the end, but a new starting point for a more complex game.
$ETH $BNB $ZEC—Volatility rewrites a new script.