Macro Stress: Japanese Treasury Dumping & Apple Valuation Record
Japanese investors sold a net $28B in US long-term Treasuries in H1 2026 — the first net sale since 2022 — while Apple trades at its highest-ever valuation of ~11x sales.
What we know
An account on X RTs data showing Japanese net sales of -¥4.45 trillion in US long-term government bonds in H1 2026, a sharp reversal from prior periods of consistent buying. Another account on X flags $AAPL at nearly 11x sales — its highest valuation ever — as a potential risk signal. Another account on X adds that market breadth remains weak since the summer high, with tightening financial conditions pressuring weaker balance sheets.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.