A post by @FirstSquawk on X.

Japanese 10-year JGB futures rose 0.9 point in early trade while Nikkei Average futures fell 7%, signaling a sharp flight to safety in Japanese markets. The divergence marks one of the widest same-session swings between the two contracts, as investors dumped equity exposure and piled into government debt. The move matters because it points to a risk-off repricing across Japan's financial markets rather than a simple rotation. Traders will watch whether cash equity markets confirm the futures drop at the open and whether the bond bid holds through the session.