The main axis has been discussed for 5 years, and this year 2024 is a new style, with Japanese bonds going short. The exchange rate hedges debt losses. The total amount of Japanese debt is about 8 trillion U.S. dollars, and the Bank of Japan holds 3.72 trillion U.S. dollars. It hedges debt losses in the face of its own local currency bonds.

In addition to the Japanese yen, there is also the market trend of the British pound from May to December.

The main axis discusses 2024, in addition to the Japanese yen, add the British pound, wait for the Japanese yen 151--168, wait for possible time in 2025, and the pound will be in a convergence pattern from May to December