Japanese Bond Yields Soar to Record High as Bitcoin Defies Market Turmoil
Japan's 30-year bond yield has reached a record high of 4.18%, sparking concerns over global liquidity and rising borrowing costs.
The sharp increase in yields, which have been trending upwards since 2021, reflects inflation pressures in Japan and contributes to rising yields worldwide.
Bond investors are selling as the surge in yields drains liquidity and prompts risk-off selling.
Despite the turmoil in traditional markets, Bitcoin has remained resilient near $78,856, suggesting it may be trading more like digital gold.