Macro· ★★★· neutral·

US Treasury Buys Back $6B of Debt as Japan's Bond Yields Hit 30-Year High

  • —US Treasury repurchased $6B of bonds on September 10, triple its prior long-term buyback
  • —Japan's 10-year bond yield hit its highest level in 30 years
  • —Rising Japanese rates tighten global conditions while US liquidity improves
Why it matters: Higher Japanese yields pull capital away from risk assets, while the Treasury buyback partially offsets that pressure for bitcoin.
Source: Coin Edition