全球市场“地震”倒计时！日本央行30年来最大加息，你的钱包准备好了吗？

Core Viewpoint - The Bank of Japan is expected to announce a 25 basis point interest rate hike, raising the rate to 0.75%, marking the highest level since 1995, which could trigger significant global market impacts [1][2]. Group 1 - The era of cheap yen is coming to an end, as global investors have borrowed over $1 trillion in yen at near-zero costs to invest in high-yield assets like U.S. Treasuries and stocks. The rate hike will significantly increase the cost of these trades, potentially leading to a "liquidation" scenario [4]. - Japanese investors are the largest overseas holders of U.S. Treasuries, with approximately $1.2 trillion in holdings. As Japanese bond yields become more attractive, there is a risk of substantial capital returning to Japan, raising concerns about demand for U.S. Treasuries on Wall Street [4]. - The market has largely priced in this rate hike, with a 94% probability of its occurrence. The real market impact will depend on comments from Bank of Japan Governor Kazuo Ueda regarding future rate hikes, which could amplify or mitigate the market's reaction [4].