The sharp decline in US stocks is actually because of Japan? Credit Agricole: A surge in Japanese bond yields is the biggest risk signal.

Zhtng Cijng APP hu zh, zchng choj kn du zh de f xng ynhng cl sh Albert Edwards biosh, dnxn mi g ni sh nng fu chx de tuz zh yng gunzh rbn zhiqun shuy l. Edwards zo zi 5 yu fn ji biosh, rbn zhiqun shuy l bioshng sh z 2008 nin wij yli zhiqun shuy l bi yd de zhd kish yli, qunqi shchng minlin de zud fngxin. According to the Zhtng Financial APP, Albert Edwards, a strategist at Societe Generale who calls himself a "super bear," said that investors worried about the sustainability of the U.S. stock bull market should pay attention to Japanese bond yields. Edwards had already stated back in May that the surge in Japanese bond yields is the biggest risk faced by the global market since the system of suppressing bond yields that began after the 2008 crisis.