First circuit breaker of the current bear?
https://www.jpx.co.jp/english/markets/derivatives/scb-info/index.html
Use of the discount window is now at levels not seen since the troubled bits of 2008/2020.
https://www.bloomberg.com/news/articles/2022-12-19/billions-of-dollars-in-fed-discount-window-suggests-all-is-not-well-in-banking
“All of which makes the fact that usage of the discount window is now creeping up again rather unusual, with balances at the facility having increased from virtually nothing earlier this year to $5.9 billion currently and as much as $10 billion at the end of November.”