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Warsh's hawkish Jackson Hole tone sent Sept hike odds from 36% to 70%+. Days later, Japan's 10Y broke 3% for the first time since 1996, and the yen carry trade started drifting back same fire as $BTC and $XAU, which fell together this week, breaking the "safe haven" script. $USDT saw a fresh 250M mint and a 21-bank consortium announced a joint dollar stablecoin for 2027, reviving the "printing = bullish" debate I don't buy.