Group 1 - The core viewpoint highlights a surge in bearish sentiment as the 30-year U.S. Treasury yield rises again, indicating a potential sell-off in the bond market [1] - The article discusses the ongoing turmoil in the Japanese bond market, which is contributing to the sell-off in U.S. long-term bonds, suggesting that U.S. equities may be the next liquidity "victim" [1] - There is a mention of election anxiety and fiscal concerns adding pressure to the Japanese yen, with capital shifting towards bullish positions on the USD/JPY exchange rate, particularly focusing on whether the key level of 150 can be maintained [1] Group 2 - The article outlines the interconnectedness of the bond market sell-off and market trends, emphasizing the need for strategies to respond to these developments [1]