The Break Begins: Why Every Asset Just Started Repricing Trust

A regime shift in capital’s definition of risk, collateral, and sovereignty.

The old world just snapped.

Japan’s yield curve detonated. Gold went vertical. Bitcoin tanked. Markets are bleeding, narratives are scrambling, and nobody can explain what’s really happening.

But this isn’t chaos.

This is the beginning of a new pricing regime - a systemic revaluation of trust, collateral, and institutional credibility.

This post breaks down exactly what just flipped beneath the surface.

We are not in a correction.

We are in a phase transition.

Full breakdown below.