Japan Bond Yields Soar to 20-Year High
Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to see how financial markets are performing in what could be the start of a broader global risk-off shift, particularly as monetary tightening returns to center stage in Asia and the West.
Japan’s 30-Year Bond Yield Surges to Multi-Decade Highs
Japan’s 30-year bond yield has surged to the highest level in 20 years, trending as the top US crypto news today. Specifically, it has increased by 12 basis points (bps) to 2.345%, the highest level since 2004. This signals deepening stress in global fixed-income markets.
It is bearish on Bitcoin (BTC) and risk-on assets….
