Bank of Japan Governor Kazuo Ueda suddenly jumped out and shouted:

“We can’t pinpoint the neutral rate, but the nominal rate still needs to rise!”
Damn, the yield on Japan’s 10-year government bonds has shot up to its highest since 2007! What does this signal?
Some of the money in the global liquidity pool might have to be siphoned back to fill the Japanese debt hole.
Risk markets fear this kind of money pump the most. In the crypto space, the small fish and shrimp—if the liquidity gets sucked out, how can they swim at all?