Global stock markets are experiencing pressure following a severe decline on Wall Street. The Japanese Nikkei index has dropped to its lowest level in the past six months. This morning, the value of stocks fell by 450 points, which amounts to 2%. Investors are rushing to buy Japanese yen, and yen is fueling operations in global markets. "Panicked investor sentiment causes investors to seek safety in more risk-free assets, such as the yen," noted an analyst from Okasan Securities. Market waves are affecting the yield spread between 10-year and 2-year Treasury securities in the USA, which could signal a potential recession. Experts are monitoring the situation and say such price formations are the result of trading under high volatility. Japan also encountered a contraction in yen-denominated assets.
