The view that selling Japan has begun is gaining attention, heightening concerns over the possibility of a “new triple sell-off” ahead. The article cites developments in long-term interest rates, the stock market’s reaction, and remarks by the US Treasury secretary as specific events.
The article opens by presenting the view that selling Japan is beginning to look like a reality, and expresses concern that global financial assets could move sharply if selling America comes first. It particularly emphasizes the view that the end may be near if a “new triple sell-off” of a weaker dollar, lower gold prices, and falling bitcoin prices occurs simultaneously.
As specific trading factors, the article cites reports that long-term interest rates exceeded 3% on 1 September. Japanese stocks continued to edge lower on 1 September after falling on 31 August, with the decline accelerating again from the afternoon. Futures plunged in overnight trading, and the article records the writer’s personal impression that the selling-Japan trend had become decisive.
The article explains that currency movements and remarks by the US Treasury secretary are affecting the Japanese market. It presents the view that Treasury Secretary Bessent’s pressure on the Bank of Japan to raise rates rapidly made a September rate hike all but certain.
Finally, the article identifies as key points of focus whether selling Japan will continue and whether a globally synchronized triple sell-off will occur. It concludes by urging readers to watch for further developments.