🚨 Japan's Bond Yield Surges to 30-Year High: A Macro Shock for Crypto?

A significant macro signal is emerging from Japan, signaling potential risk for global financial assets, including Bitcoin. The era of cheap money, a long-standing feature, appears to be drawing to a close.

📈 The 2-year Japan Government Bond (JGB) yield has recently reached 1.245%. This marks the highest level recorded since 1996, indicating a major structural shift after three decades of loose monetary policy.

💰 This surge in yields suggests the Bank of Japan (BoJ) may be accelerating its monetary policy tightening. Such a move increases the cost of borrowing Yen, directly threatening Yen Carry Trade activities globally.

For crypto markets, this macro development could influence capital flows, as investors re-evaluate risk and funding costs across different asset classes.